A convertible debt deal struck during the 2008 financial crisis led by billionaire Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi is set to trigger a contest for a slice of a $19 billion natural gas project.
Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, hired Andrew Williams, a former U.S. Treasury Department spokesman, for its corporate communications unit, said two people familiar with the matter.
A former senior bank examiner for the Federal Reserve Bank of New York sued her ex-employer, claiming she was fired because she refused to change her findings that Goldman Sachs Group Inc. lacked a firmwide conflict-of-interest policy.
General Electric Co. Chief Executive Officer Jeffrey Immelt, who is also an outside economic adviser to President Barack Obama, is pushing back on a report that he’s disenchanted with the administration’s economic policies and privately rooting for Republican presidential hopeful Mitt Romney in this year’s election, according to a company official.
Lawrence Summers’s personal website includes two biographies and traces his career from Harvard University president to director of President Barack Obama’s National Economic Council. The site says he’s now teaching at Harvard and serving on corporate and nonprofit boards.