The LIBOR scandal and the fall of Barclays' CEO Bob Diamond dominated financial services coverage this week, while others chatter about disgraced MF Global CEO Jon Corzine, RIM's continued downward spiral and Goldman Sachs new universe.
July 06, 2012
4. Conflict of Interest
I was selling JPMorgan funds that often had weak performance records, and I was doing it for no other reason than to enrich the firm. I couldn't call myself objective.
— Geoffrey Tomes, an ex JPMorgan analyst who left the firm last year and is now an adviser at Urso Investment Management
Source: New York Times Dealbook
