Henry Paulson News
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President Barack Obama said he is nominating Penny Pritzker, the Chicago businesswoman, philanthropist and Hyatt Hotels Corp. heiress who led record fundraising for his 2008 campaign, as secretary of commerce.
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Coda Holdings Inc., parent of the electric-car maker backed by billionaire Philip Falcone, filed for bankruptcy and will seek to sell its assets to a group led by a Fortress Investment Group LLC unit for $25 million.
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David McCormick, co-president of the world’s largest hedge fund, Bridgewater Associates LP, said recent moves by regulators in global financial centers are “yellow flags” for the threat of protectionism.
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Morgan Stanley hired Michele Davis, who held communications roles at George W. Bush’s White House and Henry Paulson’s Treasury Department, as global head of corporate affairs.
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Five members of the exclusive club of U.S. presidents gathered in Dallas today to dedicate the George W. Bush Presidential Center, a red-brick-and-cream museum and library that chronicles the eight years in office of the nation’s 43rd president.
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Dartmouth College, stung by campus divisions that exploded in recent weeks, strove to repair its image as accepted students decide whether to attend.
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Dartmouth College canceled all arts and science classes today after some students were targeted by online threats after a protest against homophobia, sexual assault and racism disrupted an on-campus event.
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Pacific Investment Management Co. is becoming less dependent on Bill Gross, preparing for an eventual future without the world’s best-known bond investor and adding pressure on its rising stars to live up to his legacy.
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Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, has started differentiating among Lloyd C. Blankfein’s top deputies again after four years of granting lockstep pay awards.
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Lloyd C. Blankfein’s top deputies are no longer equal in terms of pay at Goldman Sachs Group Inc.
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