Momentive Performance Materials Inc., a maker of silicones and quartz products, filed for bankruptcy after struggling to make payments on debt dating to its 2006 buyout by Leon Black’s Apollo Global Management LLC.
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.
Banks everywhere should study Scandinavia’s response to its 1990s crisis to see how a near collapse was used to create one of the world’s best-functioning financial industries, according to John Rogers, chief executive officer at the Chartered Financial Analyst Institute.
Goldman Sachs Group Inc., the fifth- largest U.S. bank by assets, named Dina H. Powell, who leads the firm’s charitable efforts, to also head its urban investment group that makes socially minded deals.
After the Great Recession laid waste to the housing market, decimated portfolios and cost Kaylene Murzin's father his construction job, the 15-year-old found another way that she, like many teenagers, didn’t want to emulate her parents: financially.