Former Goldman Sachs CEO Lloyd Blankfein blasts Elizabeth Warren’s attacks on billionaires by skleb1234
,” former Goldman Sachs CEO Lloyd Blankfein again blasted the Democratic 2020 candidate for her war on billionaires, denouncing politicians like her for moving away from “populism” toward “a kind of demagoguery.”
The 65-year-old former chief executive, who was at the helm of Goldman Sachs from 2006 until the end of 2018, spoke out against Warren in anwith CNBC on Tuesday, criticizing her wealth tax and ongoing battle with billionaires yet again. “I used to be kind of a moderate Democrat and now, without having moved anything, I’ve become like a, in their eyes, kind of a right-winger because I don’t want to blow up the financial system,” BlankfeinBlankfein described that while he’s “used to Wall Street getting pelted” and he understands why there is public support for a wealth tax, heCEOs’ high salaries—another issue Warren has discussed, saying that he doesn’t think “anybody should apologize” for how their pay is determined.
His remarks follow up on comments made last week when he lashed out in response to being featured in Warren’s , in which she also targeted hedge-fund pioneer Leon Cooperman, Silicon Valley investor Peter Thiel and former TD Ameritrade CEO Joe Ricketts.that he was “surprised to be featured” in the ad given that he and Warren “align on so many issues,” but he also took a veiled swipe at the senator’s claims of Native American ancestry: “maybe tribalism is just in her DNA.
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