Former Goldman CEO Lloyd Blankfein says markets are due for a 'reckoning,' and private credit could be the catalyst

The executive who led Goldman Sachs through the Great Financial Crisis is sounding a warning about America's private credit machine. Lloyd Blankfein, the former CEO of Goldman Sachs, said he's worried about problems brewing in the private credit sector when speaking to Bloomberg on the "Big Take" podcast over the weekend. The market could be the flashpoint for a bigger crisis in markets, he suggested, pointing to the growing risks of another financial crisis given the decade of relative calm since the 2008 ...