Goldman Sachs CEO: I Was “Wrong” On Brexit

Goldman Sachs chief executive Lloyd Blankfein has admitted he was wrong on Brexit. The arch-Remainer said at a Politico event earlier today:

“I am wrong because I would have thought there would have been a worse outcome by now… We are building a big building [in London] for more than £1 billion… I thought there would have been a more dramatic effect by now. As of now the effect hasn’t been dramatic, but you couldn’t tell from the way our building is going up – but three years from now – decisions are being made today that might result in less economic activity so there may be a lag – but at this point it hasn’t been as dramatic a fall off…  the UK should remain and be encouraged to remain not the exclusive financial centre but a dominant financial centre for Europe.”

The Goldman chief previously proposed a second referendum and infamously tweeted: “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there. #Brexit”. Now it seems he’ll not be spending that much time in Frankfurt after all…




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Quote of the Day

Andrea Leadsom told BBC Radio 4’s Today

“He’s made his views on Brexit on the record, and the problem with that of course is that the chair’s impartiality is absolutely essential. … He’s made his views known on Brexit… it’s a matter for him but nevertheless it’s a challenge and all colleagues need to form their own view of that.”

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