BUSINESS
03/18/2010 05:12 am ET | Updated May 25, 2011

Goldman Sachs CEO Lloyd Blankfein APOLOGIZES For Bank's Role in Financial Crisis

Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., apologized for the firm's role in some of the activities leading to the financial crisis.

"We participated in things that were clearly wrong and have reason to regret," Blankfein, 55, said at a conference in New York hosted by the Directorship magazine. "We apologize."

Read more on bloomberg.com