Wall Street

Goldman Sachs C.E.O. Changes His Tune on Donald Trump

A slight shift from being terrified about Trump having access to nuclear codes.
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By Michael Nagle/Bloomberg/Getty Images.

Back in September, Goldman Sachs C.E.O. Lloyd Blankfein said that the idea of Donald Trump having his “finger on the button blows my mind.” Strangely—and we don’t want to suggest the bank’s shares rising to $235.91 yesterday before closing at $235.56, or the president-elect loading up on Goldman alums as advisers has anything to do with it—Blankfein now has downright lovely things to say about a guy he apparently once feared might start a nuclear war:

Asked whether Trump will pose a threat, Blankfein responded “I don’t think so,” and called him a “smart guy.” [..] “Mr. Trump may turn out to be a much better president than anyone else might have been in that place,’’ said Blankfein, 62, chairman and chief executive officer of the New York-based investment bank. “He’s just less of a known quantity as a politician.”

Oh, and all those things about Wall Street getting “away with murder” and that campaign video that flashed Blankfein’s face while warning of ”a global power structure that is responsible for the economic decisions that have robbed our working class”? Water off a duck’s back.

“That was the rhetoric in the heat of the political battle,” Blankfein said. “I didn’t take this personally.”