Why The World Needs More Goldman Sachs

Rather than destroy Goldman Sachs, over-regulate them or view them as the source of the global financial meltdown, the more rational approach would be to create an environment in the United States that rewards financial services innovation and develops more companies like Goldman Sachs. Thunderbird Professor F. John Mathis, Ph.D., says U.S.-based competition at the top of the investment banking pyramid would benefit the United States and help create sustainable prosperity worldwide. Mathis, director of Thunderbird's Global Financial Services Center, talks April 26, 2010, in a campus interview in Glendale, Arizona.