Goldman CEO sees "bubble" in some emerging markets

NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) Chief Executive Lloyd Blankfein said on Tuesday that one could see a "bubble element" in some emerging market plays.

Speaking at a Merrill Lynch Banking & Financial Services Conference, Blankfein said emerging markets have crossed the "tipping point" in terms of creating wealth and expanding globally.

(Reporting by Ed Leefeldt, editing by Gerald E. McCormick)