WASHINGTON -- Lloyd Blankfein, the chairman and CEO of Goldman Sachs and one of the most recognizable symbols of Wall Street, is bullish on China, calls proposals for taxes on financial transactions "screwy," and believes that his firm needs to do a better job of repairing its image and communicating its business to the American public.

Those were a few of the musings Blankfein offered in a wide-ranging on-stage interview here at the Investment Company Institute's annual general membership meeting.

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