Michele Davis News
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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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Harvard University named two members to its board, including Paul, Weiss, Rifkind, Wharton & Garrison LLP’s Theodore V. Wells Jr., as part of the expansion begun in 2010 under President Drew Faust.
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Republican presidential candidate Mitt Romney chose to pay more in taxes than he needed to, forgoing about $250,000 in deductions to keep his tax rate above 13 percent.
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Republican presidential candidate Mitt Romney paid $1.9 million in taxes on $13.7 million of income in 2011 for a 14.1 percent rate, according to tax returns he released today.
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In 1997, Congress cracked down on a popular tax shelter that allowed rich people to take advantage of the exempt status of charities without actually giving away much money.
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Greg Palm , Goldman Sachs Group Inc. general counsel, took a call in his 37th-floor office at One New York Plaza on Dec. 16, 2008. It was his old boss, Stephen Friedman , a former Goldman chairman who was then head of the audit committee of its board of directors. Goldman’s stock was down 65 percent from its 52-week high during an accelerating global financial breakdown.
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Rhonda Ryan didn’t meet many other women when she broke into the private-equity business 15 years ago. Today, she’s still the rare female executive in an industry pushed into the spotlight by the presidential campaign of Mitt Romney, co-founder of buyout firm Bain Capital LLC.
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Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.
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Mitt Romney skipped Italy on his swing through Europe. That was probably prudent.
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Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co.
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