Lloyd Blankfein On The Risks Of Private Credit

I'm always very cautious. I'm in the risk management business, but especially cautious at this time. You can point to several reasons, but if for no other reason, just because we haven't had a problem for such a long time, undoubtedly we've put money in places where write-offs are going to need to happen.And when you're dealing with opaque, illlquid assets like credit, that's a place that one would clearly have to look. the consequences of being wrong or having a problem in the account of retirees, i.e. rea ...