Spain lost 2-0 to Chile yesterday to become the first World Cup title holder to be eliminated before its final group game. The Netherlands won to stay top of Group B and Croatia ousted 10-man Cameroon with a 4-0 rout.
Chile is leading Australia 2-1 at halftime of their World Cup opening round match in Brazil after two quick strike from Alexis Sanchez and Jorge Valdivia. Tim Cahill’s headed goal brought Australia back into the game.
Goldman Sachs Group Inc. asked to be removed from two state underwriting teams in Massachusetts after Neil Morrison , the firm’s Boston-based public-finance banker, helped Treasurer Tim Cahill ’s failed run for governor.
Neil Morrison , a Goldman Sachs Group Inc. banker fired in December, began advising former Massachusetts Treasurer Tim Cahill ’s gubernatorial campaign in 2009 even as he was seeking to underwrite state bonds, according to e-mails obtained through a public records request.
The U.S. Securities and Exchange Commission has subpoenaed documents from the Massachusetts Treasurer’s office a month after Bloomberg News reported that a Goldman Sachs Group Inc. banker aided former Treasurer Tim Cahill ’s failed run for governor.
Societe Generale SA Chief Executive Officer Frederic Oudea said global plans to list banks deemed systemically important and make them hold extra capital may backfire by creating more lenders that are too big to fail.