Market Extra: Why Goldman investors could be happy when Lloyd Blankfein leaves

There’s only one thing that really matters to Goldman Sachs Group Inc. investors, and that’s how the stock performs relative to those of rival banks and the broader stock market.

On that basis, investors shouldn’t be unhappy if Chief Executive Lloyd Blankfein actually steps down at the end of the year, if not sooner. The stock initially dipped when the Wall Street Journal reported that Blankfein was preparing to step down, but it quickly recovered to close Friday up 1.7%, even as Blankfein, in just his 37th tweet ever, threw cold water on the report:

It’s the @WSJ‘s announcement…not mine.

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