Former New Jersey governor Jon Corzine is reportedly being considered as a possible replacement for Treasury Secretary Timothy Geithner if Geithner leaves before the end of Obama’s first term.
Executives from the country’s biggest banks met with U.S. Treasury officials Friday to discuss how debt auctions will be handled if Congress fails to raise the borrowing limit before Tuesday’s deadline.
The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.
Schneiderman is seeking records from three major Wall Street banks as part of a broad investigation into the mortgage crisis that fueled the recession.
A warning from Standard & Poor’s that the agency might lower its rating on U.S. government debt sent stocks on their worst slide in a month Monday.
Rajat Gupta said Friday in court papers that he denies all allegations of wrongdoing and “stands ready to mount a defense against each and every one of the commission’s charges.”
Among the most significant of 39 changes suggested in a report released Tuesday, the New York investment bank said it will start disclosing how much revenue its trading desk generates.
Prosecutors had called it “a case about theft and greed.” They asked after the verdict that Aleynikov wear an electronic bracelet until sentencing. The judge did not immediately rule.
Residents in Battery Park City are tired of the noise emanating from ferries being used by Wall Street giant Goldman Sachs to shuttle its employees back and forth across the Hudson River.
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