Goldman Sachs Group Inc., the fifth- biggest U.S. bank, is preparing for a faster global economic rebound than most forecasters expect, Chairman and Chief Executive Officer Lloyd C. Blankfein told Bloomberg.
“I don’t think that we can conclude that this slowdown is secular rather than cyclical change,” Blankfein, 57, said today at an investor conference in New York hosted by Bank of America Corp. (BAC)’s Merrill Lynch unit. “The world will snap back and it will be a surprise and it will be faster than people think.”
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http://www.bloomberg.com/news/2011-11-15/goldman-s-blankfein-growth-to-snap-back-.html
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