Sources tell Gasparino that 'there is no board pressure' for Blankfein to 'step down or even give up power in terms of the Chairmanship', but that friends close to the CEO say that 'he’s tired of running the company' and that 'sometime in 2012, and maybe they’ll announce it this year, Lloyd Blankfein will not be CEO of Goldman Sachs'.
On the board of Goldman Sachs not pressuring Blankfein to step down:
'This is really two-fold, clearly inside Goldman Sachs because the firm has done fairly well and they’ve been out of the news really in the last four to five months, Lloyd Blankfein’s position is pretty stable. There is no board pressure I am told for him to step down or even give up power in terms of the chairmanship'.
On sources close to Blankfein saying he’s “tired” of running the firm:
'And I’ve been talking to friends of his, and this is what friends of his have been telling me, and what they are telling me and the FOX Business Network, is that they think this guys last year is this year. That he is tired of it. He’s tired of running the company, being the center of attraction and scorn, and that In sometime in 2012, and maybe they’ll announce it this year, Lloyd Blankfein will not be CEO of Goldman Sachs'.
On Vice Chairman Mike Evans being a possible replacement:
'And it’s really interesting looking at some of the eternal machinations going on, they’re bringing this guy Evans, Mike Evans, a fairly significant guy inside the firm. They brought him in as a Vice Chairman, he’s in New York, he’s got more power and it looks like the deck chairs are being moved for him to leave. And from what I understand, this is not the board, these are sources, fairly high level sources saying that he’s tired, listen his name was just in the Raj Rajaratnam trial, put it all together is what friends are telling me this is probably his last year'.
On Goldman Sachs’ reaction to the report:
'Goldman Sachs refused to deny this story. I’ve given them many chances this morning'.
On Goldman President and COO Gary Cohn possibly leaving as well:
'His number two, Gary Cohn has also expressed interest in leaving Goldman and starting his own hedge fund. You can see, maybe both of them leaving, it could be the Blankfein Cohen hedge fund, maybe they’ll start their own firm'.
SOURCE - FOX BUSINESS NETWORK