President Barack Obama is considering two women for senior economic positions, with Ruth Porat, chief financial officer at Morgan Stanley, a leading candidate for deputy Treasury secretary and Wal-Mart Foundation President Sylvia Mathews Burwell a top contender for budget director, according to people familiar with the matter.
John F. W. Rogers is known on Wall Street for four initials and an enviable fact of corporate geography. The F. and W. stand for Francis and William, though why Rogers uses them both is one of several mysteries he has either gone out of his way to cultivate or never seen fit to explain.
Bank of America Corp. directors’ $20 million settlement of investor lawsuits over the purchase of Merrill Lynch & Co. is inadequate given the billions of dollars of harm the deal caused, objectors to the accord said.
Michigan Governor Rick Snyder said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that Mitt Romney will likely emerge as the winner of the state’s Feb. 28 Republican presidential primary.