Lloyd Blankfein can’t imagine returning to Goldman Sachs

Former CEO of Goldman Sachs Lloyd Blankfein said he couldn’t imagine returning to his old company, contradicting a news report that said Blankfein had offered to return in some capacity.

The former Goldman CEO told CNBC Monday, in a phone conversation, that the New York Times article “misquoted” Blankfein.

times mentioned Friday that Blankfein told his successor, David Solomon, in a June phone call that he was impatient with the company’s progress. The newspaper reported that he could return to help their efforts.

“It was my conversation with him, I offered to be helpful,” said Blankfein, who expressed support for Solomon. “I never used the word ‘back’.”

A New York Times representative did not immediately respond to a request for comment.

Solomon who took overFrom Blankfein in October 2018, it has been under fire for months over its ill-fated consumer banking efforts. Current and former Goldman executives leaked damaging details to the press about losses associated with the strategy, as well as embarrassing ones. anecdotes About Solomon’s driving style and DJ’s hobby.

When asked if he would return to the helm of Goldman, as CEOs at Disney and Starbucks have done in recent years, Blankfein laughed and said the talk never came to fruition.

“I can’t imagine going back to the company,” Blankfein said. “I think the days of working 100 hours a week are over.”

Then Blankfein said he couldn’t speak further because he was in the midst of one of his retirement endeavors – he played a round of golf.