265. Are we due another financial crisis?

265. Are we due another financial crisis?

What does Lloyd Blankfein - former boss of Goldman Sachs - think is the biggest threat to financial stability? What did he learn from the credit crunch about dealing with risk? Was the investment bank the ‘vampire squid’ it was described as? Plus, why did his cancer diagnosis have to be kept secret? Lloyd talks to Robert and Steph about his journey from a housing project in Brooklyn to CEO of Goldman Sachs during the 2008 financial crisis. They also discuss AI, fat fingers and whether Lloyd would join Trump’s administration if he was asked. The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠the⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Advertise with us: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Partnerships@goalhanger.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jaksot(269)

266. Trump Turmoil: An investor's perspective

266. Trump Turmoil: An investor's perspective

A month into the war in the Middle East, what are investors thinking? Are we heading for a global recession? Who is most exposed? What are the options central banks and governments have for getting th...

1 Huhti 48min

264. Why the chair of Iceland Foods is not worried about their energy bills

264. Why the chair of Iceland Foods is not worried about their energy bills

What is retail boss Richard Walker telling Kier Starmer to do in his new role as the PM’s Cost of Living Tsar? Why does he want a temporary cap on the profits of energy and oil companies? How does a s...

26 Maalis 43min

263. Iran War: protecting the UK economy from the energy crisis

263. Iran War: protecting the UK economy from the energy crisis

Why is the UK economy the most exposed to the harm from Trump’s Iran war? How should Reeves respond? And with resources so tight, which families should be bailed out from rising energy prices? S...

23 Maalis 52min

262. Does the Chancellor have a growth plan at last?

262. Does the Chancellor have a growth plan at last?

The Chancellor claims she is finally focussed on growth, but is it too little too late? Will the EU agree to improve access for British exporters? How much of our taxes will she transfer to metro may...

19 Maalis 49min

261. Dire straits: Should the Royal Navy end the Iran oil blockade?

261. Dire straits: Should the Royal Navy end the Iran oil blockade?

How will Keir Starmer protect our living standards from the soaring energy costs caused by Trump’s Iran war? Can the Chancellor afford to subsidise our heating bills? And should the Prime Minister say...

16 Maalis 35min

260. Iran War: why the poor will suffer

260. Iran War: why the poor will suffer

Why are financial markets still failing to price in the true economic costs of "Trump’s war"? How is the UK facing a "double whammy" of both higher interest rates and declining living standards? Why i...

12 Maalis 51min

259. BONUS: Trump's War - why it's making us poorer

259. BONUS: Trump's War - why it's making us poorer

Trump appears to be chickening out again, but has he stopped the wild market fluctuations? Is there another way to move vital energy and commodities that doesn’t involve going through the Strait of Ho...

10 Maalis 31min

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