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
7. Goldman World
We live in the shadow of the Goldman empire, but we have to think beyond Goldman. People think, Goldman, oh, give me a $32 salad. It's not that way. You have to stay appropriate.
— Alan Phillips, an owner of three restaurants in the area surrounding Goldman Sachs' new Battery Park headquarters known as Goldman Alley said. His establishments do about 60 percent Goldman business, but he prices for the neighborhood.
Source: NY Times: It's a Goldman World
