On March 2, 2020, former CEO and Chairman of Goldman Sachs, Lloyd Blankfein, tweeted the following regarding the Coronavirus crisis:
“Good risk management: at this point, go all-in on social separation, and all-in on financial relief to those most economically vulnerable (individuals and sm biz). Save the second guessing for later. I would welcome [it] if we look back 3 months from now and think we over-reacted.”
That is what we have been saying and what our CEO and President, Dennis Kelleher, spelled out in an Op Ed in MarketWatch: “The $1 trillion plan to save the economy when the coronavirus forces everyone to quarantine.”
If Lloyd Blankfein and Better Markets agree, there has to be something to it! Read the Op Ed!