As partner defections pick up and drastic measures are suggested, Goldman Sachs' (GS) Lloyd...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

As partner defections pick up and drastic measures are suggested, Goldman Sachs' (GS) Lloyd Blankfein continues to assert business will be fine over the long haul. "I don’t think that we can conclude that this slowdown is secular rather than cyclical change," he says. But Goldman's historically low valuation suggests investors think big changes are afoot. (more)