Goldman Sachs CEO Lloyd Blankfein says he has ‘highly curable’ form of lymphoma

The chief executive of Goldman Sachs Inc. , Lloyd Blankfein, said Tuesday he has been diagnosed with lymphoma and will undergo chemotherapy in New York over the next few months. In a memo published on the investment bank’s website, Blankfein said it is a “highly curable” form of lymphoma, and his doctors fully expect him to recover. “My doctors have advised me that during the treatment, I will be able to work substantially as normal, leading the firm,” said the memo. “I will, however, reduce some of my previously planned travel during the treatment period.” Goldman Sachs shares fell 1.7% in premarket trading, and are down 5.4% in the year so far, while the Dow Jones Industrial Average has lost 7.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply