In 2010 he testified regarding the company’s business practices before the U.S. Financial Crisis Inquiry Commission—a group that had been appointed by Congress to assess the causes of the global financial crisis. After Lloyd joined, he labored hard and was played a key role in turning around J. Aron’s fortunes by clinching an impressively profitable deal supervising a $100 million hedge fund for a client. During his first year as CEO, he was rewarded with $27.3 million in cash while the balance was offered in the form of ESOPs (employee stock options) while in 2007, his overall compensation was $53.7 million. Blankfein was named 2009 Person of the Year by the British business newspaper Financial Times, but owing to his controversial comments—such as that, as a banker, he was “doing God’s work”—and to his high compensation amid the economic downturn, he was also named Most Outrageous CEO of 2009 by the American business magazine Forbes. He visited the White House on multiple occasions in his official capacity and donated to Roy Blunt and Rob Portman, both Republicans, during their Senate reelection runs. In 2009 when the global economic crisis was at its peak, Goldman Sachs made an announcement that the investment banking firm was pledging $500 million to entrepreneurs for establishing startups. Lloyd Blankfein was appointed the chairman and CEO of Goldman in 2006, making him one of the best paid executives in Wall Street. He has donated largely to candidates of Democratic Party, including a $4,600 contribution to Hillary Clinton in 2007. https://www.thefamouspeople.com/profiles/lloyd-craig-blankfein-34590.php, The Hottest Male Celebrities With The Best Abs, The Top 25 Wrestling Announcers Of All Time. Lloyd Blankfein is married to Laura Jacobs who is an attorney by profession. He earned a Doctor of Jurisprudence (J.D.) Blankfein lives with Laura in Manhattan and also own homes in Bridgehampton and Sagaponack hamlets in Suffolk County in the state of New York. In 1971 he graduated from Thomas Jefferson High School as the valedictorian of his class, and he subsequently attended Harvard University on an academic scholarship, earning a bachelor’s degree in 1975 followed by a degree from Harvard Law School in 1978. His father was employed as a U.S. Small labels such as…. He is the son of Seymour Blankfein. Lloyd Blankfein has served as a board/trustee member of several charitable organizations including the Robin Hood Foundation, a charity based in New York City that focuses on lessening poverty in the metropolis. When Goldman had taken over J. Aron, the latter had been steadily losing money. Lloyd, as the head honcho of Goldman, again had to testify before the Senate Permanent Subcommittee of the US Congress to contest the charges of gross financial mismanagement leveled against the investment banking firm.
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