Key Words: Goldmans Blankfein Says Reading Report Of His Imminent Retirement Was Like Huckleberry Finn Listening To His Own Eulogy

Goldman Sachs Group Inc. CEO Lloyd Blankfein on Friday offered one terse tweet in response to a report that he may announce his retirement as early as the end of 2018.

Via Twitter, the 63-year-old head of the world’s most prominent bank, in his signature tongue-in-cheek fashion, compared the news with Huckleberry Finn listening to his own eulogy — a reference to the Mark Twain satirical classic “The Adventures of Huckleberry Finn.”

The tweet:

On Friday, the Wall Street Journal wrote that Blankfein was preparing to step down, ending a 12-year run as Goldman Sachs GS, +1.66% CEO. Still, Goldman’s shares ended Friday’s session up 1.7%, amid a broad market rally, with the Dow Jones Industrial Average DJIA, +1.77%  , of which the bank’s stock is a component, closing the day up 1.8%.

The implication of the tweet is that Blankfein isn’t quite done running the bank yet. The Journal report allowed that he could stick around through 2019, the year of the investment bank’s 150th anniversary. The story also emphasized that Blankfein was in control of his timetable.

RECENT NEWS

Gyrostat Capital Management: The Hidden Architecture Of Consequences

When Structures Themselves Become A Risk In portfolio construction, risk is rarely where we look for it.... Read more

Gyrostat November Outlook: The Rising Cost Of Doing Nothing

Through the second half of 2025, markets have delivered a curious mix of surface tranquillity and instabi... Read more

Gyrostat Capital Management: Blending Managers - From Style Diversification To Scenario Diversification

The Limits of Traditional Diversification For decades, portfolio construction has ... Read more

Gyrostat October Outlook: Beneath The Calm, The Cost Of Protection Rises

 Even as global equity indices remain near record highs, the pricing of risk is shifting quietly ben... Read more

Gyrostat Capital Management: Solving The Nastiest Problem In Finance

Retirement Income and Sequencing Risk Executive Summary ... Read more