Ex-Goldman CEO Lloyd Blankfein on how young workers should spend first $5K of savings

Ex-Goldman CEO Lloyd Blankfein on how young workers should spend first $5K of savings

Lloyd Blankfein, who helmed Goldman Sachs during the GFC, said he believed the US was due for another "reckoning" in financial markets.Stephanie Keith—Getty Images/ReutersLloyd Blankfein offered his advice on how a young worker with $5,000 of savings should spend it.The former Goldman Sachs CEO told a podcast that life insurance and a used car are two solid buys.Blankfein warned against high-fee accounts and said he wants to be buried with a tra…