Goldman Sachs chief executive Lloyd Blankfein has launched a scathing attack on the US government's austerity program, arguing growth will derail significantly once the Bush-era tax cuts expire in January.
Blankfein said with the prospect of a fiscal cliff hanging over the US economy, which economists forecast could wipe around 3% off GDP, now is not the right time for the US to be carrying out austerity...
Considered move out of country
189 Alpha ratings awarded for 2016
Liquid alternative to hedge funds
Aiming to reduce trading costs
Team led by Nick King