If You Cut A Gary Cohn, Does He Not Bleed?
Recent public remarks by Blankfein that he will stay at his job “for awhile” stung both Cohn and [vice-chairman Michael] Evans, who would like him out sooner so they can have their chance at the top, these people add. Cohn recently told FOX Business he’s content in his current role, and Evans has kept a low profile in recent months as both Blankfein and Cohn have been reaching out to the press. The charm offensive is designed to reverse years of bad publicity concerning Goldman’s role in the 2008 financial crisis and charges that the firm had taken advantage of clients during this time. But Blankfein’s comments touched off even more jockeying between the two men to gain support among the firm’s powerful ranks of “partners”, or senior executives, to emerge as Blankfein’s eventual replacement, these people say. One person close to Goldman said Evans was particularly shaken by Blankfein’s statements, and as a result he might be considering his options outside the firm if Blankfein signals he will stay at the top indefinitely. [FBN, earlier]