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Market Insight: Banks can learn from football

By Gillian Tett

Published: September 10 2009 18:00 | Last updated: September 10 2009 18:00

I don’t know whether Lloyd Blankfein is a fan of English football. Right now, however, the head of Goldman Sachs might do well to peek at Chelsea football club.

A few days ago, Chelsea – a London team that (like Goldman Sachs) strikes fear and envy into the heart of rivals – was accused by Fifa, the international football body, of poaching players in a manner that caused it to breach contracts.

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