Streetwise — Lloyd Blankfein’s memoir of his turbulent time at Goldman Sachs
Financial Times
February 25, 2026
AI-Generated Deep Dive Summary
Lloyd Blankfein’s memoir *Streetwise* offers an insider’s perspective on his tumultuous years as CEO of Goldman Sachs during one of the most pivotal eras in modern finance. From the 2008 financial crisis to the rise of technology-driven trading and increased regulatory scrutiny, Blankfein navigated a rapidly changing landscape that reshaped the investment banking industry. His memoir provides a sharp, detailed account of how he steered Goldman Sachs through these challenges, revealing both his leadership style and the pressures faced by one of Wall Street’s most iconic firms.
The book delves into the highs and lows of Blankfein’s tenure, including the firm’s reputation as “Too Big to Fail” during the financial crisis and its controversial role in the global markets. He reflects on key decisions, such as Goldman Sachs’ pivot from traditional banking to technology-driven innovation, and how he balanced the demands of regulators with the needs of clients. Blankfein also discusses his relationships with other industry leaders and the evolving expectations of shareholders, offering insights into the inner workings of one of the world’s most powerful financial institutions.
For readers interested in business and finance, *Streetwise* is a compelling read that highlights the complexities of leading a major investment bank during a time of unprecedented change. Blankfein’s memoir not only sheds light on his personal journey but also provides valuable lessons on navigating crisis, adapting to new technologies, and managing public perception. His account underscores the importance of resilience, innovation, and strategic decision-making in the face of global economic shifts.
The book is particularly relevant for those looking to understand how large financial institutions have evolved in response to regulatory reforms and technological advancements. Blankfein’s perspective offers a unique lens into the challenges faced by Wall Street during the 2008 crisis, as well as the rise of fintech and the growing demand for ethical banking practices. His memoir is a must-read for anyone interested in the intersection of finance, leadership, and the ever-changing global economy.
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Originally published on Financial Times on 2/25/2026