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Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic.
Lloyd Blankfein
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"Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic."
— Lloyd Blankfein #moneywealth

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Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem…

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Growth requires risk-taking. If you want to dampen risk and make sure you never have a problem, you do so, but that also will have an effect on growth. This is a decision that doesn't necessarily belong to financial institutions. It belongs to regulators and legislators who represent the body politic. — Lloyd Blankfein

About Lloyd Blankfein

Lloyd Blankfein was a Businessman from United States (1954–present).

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Frequently Asked Questions

Who said "Growth requires risk-taking. If you want to dampen risk and make sure you never…"?
This quote is attributed to Lloyd Blankfein, a Businessman from United States.
When did Lloyd Blankfein live?
Lloyd Blankfein lived from 1954 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.