Goldman Sachs Blankfein – Regulation is Like Background Noise

Lloyd Blankfein, CEO and Chairman of Goldman Sachs, spoke with Bloomberg TV’s Erik Schatzker and Stephanie Ruhle today at the World Economic Forum’s annual meeting in Davos, Switzerland. Blankfein discussed the performance of Goldman Sachs, the impact of regulation on the financial industry and the outlook for the industry.
On regulation, Blankfein said: “If you ask me how much time do I spend thinking about regulation, and rules and that kind of compliance, all the time. But it doesn’t push out other things. It’s like background noise. It’s like music.”