Goldman Sachs CEO Lloyd Blankfein. Photo: CFP
Forbes magazine reported that in a statement on Tuesday morning to the United States Securities and Exchange Commission Web site (SEC) and in a memo sent to employees, Goldman (Goldman Sachs), Chairman and Chief Executive Lloyd Blankfein (Lloyd Blankfein) publicly announced that he was suffering from lymphatic cancer, but he describes his symptoms "extremely easy to cure."
The illness "cure"
"Lucky is that I suffer from this type of lymphoma belongs to the high cure rate, the doctor and I think I very sure cure. "Mr Blankfein said in a statement.
According to the unnamed sources around, Blankfein has continued this summer weeks of not feeling well. Meanwhile, the Wall Street barons who looks thin a lot.
According to the New York Times reported, in order to take control of their illness, Mr Blankfein has to consult the doctor. Monday afternoon, he finally received a diagnosis.
A unauthorized Goldman employees said this publicly, Blankfein diagnosed about 7 o'clock the same evening, he and the 20 members of the Management Committee of Goldman Sachs embarked on secret talks, and also members of the Management Committee of Goldman's most senior executives.
Mr Blankfein is widely considered to be suffering from Lymphoma in the industry rate is higher. Under the United States National Cancer Institute (National Cancer Institute) data, lymphatic cancer in the United States the most common type of blood cancer. Figures show that the United States of all cases of cancer diagnosed last year, about 5% about 80,000 cases were lymphomas.
Typically, the disease originating in the body's lymphatic system. The lymphatic system is part of the body's immune system, lymphatic parts of tumors can be divided into huoqijimu Lymphoma (Hodgkin Lymphoma) and non-huoqijimu's Lymphoma (Non-Hodgkin Lymphoma).
According to Bloomberg, huoqijimu lymphoma is one more "easy cure" category, each year in the United States probably claimed the lives of 5,000 people. Treatment conditions have been significantly improved in the past 50 years, almost 90% huoqijimu Lymphoma patients can live at least five years after diagnosis. In patients with non-huoqijimu's lymphoma is more common in more "lethal", about 38,000 deaths per year.
Blankfein did not disclose in a statement he was suffering from what type of lymphoma.
Legendary life
Cancer will no doubt be Blankfein faced new challenges, the financial giant's life basically called the Horatio Alger (Horatio Alger) the reality version of the novel. He is a native New Yorker, family – his father was a postman and his mother was a receptionist – even if born in Brooklyn neighborhoods for low-income families, from an early age can only be educated in public schools, he was admitted to Harvard Law School, and rely on schools to provide scholarships and other financial aid to complete their studies. Chengdu private finance 70 finance guarantee agency
According to the New York Times reported, joining Jay company (J. Aron and Company), he worked as a lawyer, Jay company subsequently annexed by Goldman in its subsidiaries. At Goldman Sachs, he was at first a gold salesman and later became joint head of the trading desk at Goldman Sachs, the former Goldman Sachs Chairman Henry Paulson (Henry Paulson) his work.
In 2006, Paulson left Goldman Sachs to become United States after Treasury, Blankfein took over his job. In any of these years, he led Goldman Sachs a smooth transition in the subprime mortgage crisis, in a rapidly changing financial world, steadily.
Sell gold starting from decades past, he is already the Wall Street giants, and became "the legality of gay marriage" on social issues, such as "voice" that can have a social impact of "big men".
In recent years the Goldman Imperial guardian plays an increasingly important role in public, often appearing all over the country, with local politicians to promote the company's charitable activities.
Today, the battle with cancer for its legendary life experiences another pen. In an open letter, Mr Blankfein played down the treatment of lymphatic cancer needs to overcome difficulties.
"In this world, each day there are countless people who are fighting cancer. I will learn from their experience in the treatment. "He said," I feel motivated, and look forward to start treatment as soon as possible. "
Second cancer, the Wall Street investment bank CEO
Now 61, Lloyd Blankfein, Wall Street's first at the helm of the Investment Bank during the CEO announced that she was suffering from cancer. Bloomberg reported that in July 2014, the JPMorgan Chase (JPMorgan Chase) Chief Executive Jamie Dimon (Jamie Dimon) said, suffering from throat cancer, he began radiation treatment at hospital. Two executives announced the illness similar to the way Mr Dimon also claimed that her cancer was "curable".
During the treatment, Mr Dimon still active over the CEO position, and keep up the sick with similar work rhythm. In December last year, the JPMorgan Chase executives told company employees in New York, said doctors have been completely unable to detect any cancer cells in his body. "I hope my friend Lloyd as soon as possible, completely healed. "Damon said," including me, his family and friends will give him lots of love and support and I pray for him and his family. "
The New York Times reported, have lent a helping hand to Goldman during the financial crisis and help them ride out the storm "Warren" Warren Buffett (Warren Buffett) also expressed his best wishes for old Blankfein. Buffett himself was diagnosed with prostate cancer in April 2012, and announced in September of that year he completed chemotherapy.
Who is the successor
Forbes magazine reported that Goldman CEO Lloyd Blankfein said in the next few months he will be in New York to accept chemotherapy. He got his doctor's recommendations during the course of treatment, still works. However, previously scheduled travel trip could be canceled--on this issue he has and its Board of Directors was discussed, the Board of Directors expressed support for his decision.
According to the financial times of London reported, although it was currently Wall Street investment banks, in one of the longest serving CEO, Blankfein still has confided to colleagues that he was not anxious to leave. Helm of Goldman Sachs Blankfein has stepped into its Nineth year, under his leadership, Goldman Sachs, recover from the impact of the financial crisis step by step, extending its position as one of the world's top investment banks.
Recently, Mr Blankfein is committed to promoting the company into "technocratic", he launched an instant messaging service platform Symphony to Bloomberg (Bloomberg) built-in communication systems challenge and went on a hiring technical talent.
Mr Blankfein said, hopes about Goldman's return on equity was steady at 10%, and will consider the transition to the other hands decision.
However, news of cancer if disclosed, concerned about Goldman's future will be more closely. Analysts and investors have long been in doubt, around who's next CEO Blankfein's most powerful person? Now, the problem is even more urgent.
According to the New York Times reported that several of the internal sources requested anonymity, possible successors at present has been focused on a small group of Goldman Sachs executives.
If Blankfein, retiring in the near future, the most likely successor is his Deputy--the company's Chief Operating Officer (COO) Gary Cohen (Gary Cohn). Since 2006, Cohen has served as the President of the company, he is six years younger than the incumbent CEO, once described by the industry as Goldman Sachs Empire "Prince Charles" – have been waiting for the "throne" of the "Crown Prince".
Status in Cohen zhixia of has full generation more young of Goldman management layer, which including the company of Chief Financial Officer hawei·shiwaci (Harvey Schwartz), he had is the company of trading competent; also including investment banking sector of joint competent David • by Luo door (David m. Solomon), he had long-term engaged in do city business; also has Deputy Chairman, and Goldman European business joint head maikeer·she wood (Michael Sherwood), He competition was long believed to be a strong candidate for CEO.
There has also been discussion within the group, joint head of trading pabuluo·salamei (Pablo Salame) since investment banks play an important role in the inner most core business, also has the potential to be the new CEO of the future candidate.
However, the financial times said, the competition is mainly between the Gary Cohen and hawei·shiwaci. On Monday morning, when Blankfein has just learned that he had cancer and had to cancel at the company during a panel discussion in the evening, was assigned to attend on his behalf were Gary Cohen, who had to change itineraries, came all the way from Singapore to fly back to New York.
Portalis partnership (Portales Partners) analyst baoluo·guerbeige (Paul Gulberg) also said in a telephone interview: "Mr Blankfein was clearly a great business leaders, but Gary Cohen closest to him as a person, has been sitting too long ' reserve bench '. For any one individual or a company, and this (cancer Blankfein) is a sad thing, but from a business point of view, I think that Goldman Sachs can successfully cross this hurdle. "
According to the New York Times reported, people talk the next at the helm of the Investment Bank is not the first time. Jamie Dimon, JPMorgan's Chief Executive, announced his cancer last year has led to many speculations. Several JPMorgan executives are leaving earlier, about who his successor Mr Dimon's position was also questionable.
Bloomberg News reported that CEO Lloyd Blankfein reported illness on 11:26 A.M. (New York time), Goldman Sachs shares fell 2.8% to $ 178.28 per share.
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