If there's something weird in the financial world, who you gonna call? Goldman Sachs.
The US government, involved in a firefight against the conflagration in the credit markets, is calling in another crisis-buster from the illustrious investment bank, this time Goldman's most senior banker to finance industry clients, Ken Wilson.
And so with this appointment, the Goldman Sachs diaspora grows a little bit more influential. It is an old-boy network that has created a revolving door between the firm and public office, greased by the mountains of money the company is generating even today, as its peers buckle and fall.
Almost whatever the country, you can find Goldman Sachs veterans in positions of pivotal power. (more)
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