Goldman Sachs, mocked by prospective client Whole Foods, ended up advising Amazon

Whole Foods CEO John Mackey, who once lived in a vegetarian commune, is wary of Wall Street. In a lengthy profile by Texas Monthly, he says that Goldman Sachs CEO Lloyd Blankfein was eager to court his business when Whole Foods first came under pressure from an activist investor to look for a takeover. He doesn’t seem to have been much impressed by the overtures.

The CEO of Goldman [Lloyd Blankfein] wanted to meet with me because, of course”—he adopts a sardonic tone, a tic that tends...

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