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" If you can't legislate, you can't deal with problems. "
Lloyd Blankfein
Deal
You
Problems
Related Quotes:
" I am one with the popular culture. "
Lloyd Blankfein
Popular Culture
I Am
Popular
" There is a line in which populism can cross over into demagoguery. Demagoguery is the crossover where populism becomes a bad thing, and people make things up, and they assign responsibilities that aren't fair and justified, and scapegoat communities. And then it becomes a very bad thing. "
Lloyd Blankfein
Line
Things
People
" You don't know how you'll react to things until you live through them. "
Lloyd Blankfein
Things
Through
You
" I got into Goldman really by acquisition because I had gone - I grew up in east New York in the Linden Projects - I did go to fancy schools, but my resume wasn't up to a Wall Street set of resumes. I went to college. I went to law school and practiced for a while. "
Lloyd Blankfein
New York
College
Law
" We certainly had an upheaval at the start of the Great Depression, and that resulted in a lot of financial reform, but it wasn't done in one stroke, and it wasn't done immediately. The Depression was in 1929 and resulted in the Securities and Exchange Act of '33, '34, '35, '37, '39, and '41. "
Lloyd Blankfein
Depression
Start
Great
" Change is often the agent of progress in ways we can't always readily see in the early days. "
Lloyd Blankfein
Always
Early
Progress
" All you can do is the best you can do. "
Lloyd Blankfein
You
Best
" To the extent I bloomed, I'm a late bloomer. "
Lloyd Blankfein
Extent
Late Bloomer
Late
" In my own experience, I plotted and planned my life when I was getting out of law school to know by what year I'd make it to the Supreme Court. That didn't work out the way I planned. "
Lloyd Blankfein
Experience
Own
Life
" No one at Goldman Sachs gets paid out of his or her own P&L. It matters how your business is doing, but it matters more how the firm as a whole is doing. "
Lloyd Blankfein
Own
Doing
Her
" Ambition is your inner voice that tells you you can and should strive to go beyond your circumstances or station in life. "
Lloyd Blankfein
Voice
Strive
Ambition
" I always thought that a prep school was what some people went to after high school to prepare themselves for college. "
Lloyd Blankfein
People
Always
School
" Too much of the GDP over the last generation has gone to too few of the people. "
Lloyd Blankfein
Last
Gone
Generation
" The list of things that are conventional today that I use every day that I thought would never make it is a very long list. "
Lloyd Blankfein
Thought
Today
Day
" In 2007, in the early 2007, everybody saw the housing market was falling, and at any given moment a lot of people thought it was going to fall more, and a lot of people thought it was going to rebound. You just didn't know. "
Lloyd Blankfein
People
Thought
You
" I read a lot of history, and I know that once upon a time, a coin was worth $5 if it had $5 worth of gold in it. Now we have paper that is just backed by fiat... Maybe in the new world, something gets backed by consensus. "
Lloyd Blankfein
History
Know
Worth
" Maybe bitcoin is a kind of a bubble. I don't like it. I'm not comfortable with it. I'm kind of an old dog to be absorbing that kind of a new trick. "
Lloyd Blankfein
Dog
Kind
New
" At the end of the day, it's not a normal condition to have interest rates at zero. "
Lloyd Blankfein
Zero
Day
End
" I always had a lot of confidence in my ability to gauge a situation and people and try to understand them and what they were saying and what their context was. "
Lloyd Blankfein
Situation
Saying
Confidence
" I am specifically concerned about the idea that the legislative process is one that gets characterized the way it is as the 'fiscal cliff.' At the end of the day, the United States is the biggest economy in the world, and the dollar is the reserve currency in the world. I think it behooves us to act in a much more responsible way. "
Lloyd Blankfein
Day
End
I Am
" In markets, there are times when you are looking for what makes sense. At other times, you are looking for what you can do that is sensible versus constraints and uncertainties. "
Lloyd Blankfein
Other
Sense
You
" Let me tell you, there's very few places where I don't have an agenda. "
Lloyd Blankfein
Agenda
You
Where
" If you had asked me, did I have everything nailed down and wired about what I wanted to do, and was I following some real plan? No. In fact, by the time I was in my mid-20s or even late-20s, and I was still in the law firm, I really was starting to get a little nervous that I didn't know what I was going to do. "
Lloyd Blankfein
You
Know
Time
" The U.S. is not pure capitalism. In fact, there's no place for pure capitalism, unregulated capitalism. We have a regulated system. "
Lloyd Blankfein
Fact
System
Capitalism
" I'm the chocolate chip cookie king of the world. "
Lloyd Blankfein
Chip
Chocolate
Cookie
" You can look at history of these things, and Social Security wasn't devised to be a system that supported you for a 30-year retirement after a 25-year career... So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised. "
Lloyd Blankfein
Age
History
Know
" I would have liked to be a nerd. I didn't even make it to that. "
Lloyd Blankfein
Nerd
Liked
Even
" If you do something really well, the entire world beats a path to your door. The number three, number five, number 400 player gets nothing. It's almost a winner take all. "
Lloyd Blankfein
You
Door
Path
" I'd say if you wanted to forestall bad events, the best thing to do is anticipate them and try to correct them before they get close. "
Lloyd Blankfein
Events
Best
Say
" When yields on corporate bonds are lower than dividends on stocks, that unnerves me. "
Lloyd Blankfein
Me
Than
Stocks