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White House

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Latest Headlines

Lots of Goldman Sachs news; More on German victim IKB;

Goldman Sachs News:   > What to make of Goldman Sachs' ( NYSE: GS ) stock. Article > Goldman Sachs loved by many. Article > Poster child for class warfare? Article > Goldman stock now cheap? Article > Should Goldman Sachs give back funds from AIG ( NYSE: A

Goldman Sachs now entwined in healthcare debate

Goldman Sachs ( GS ), being Goldman Sachs, draws lot of unwanted attention. Now, it's even a player in the debate over healthcare reform. The Obama Administration ( Barack Obama news), according to the New York Times , is seizing on a new report by Goldman Sachs analysts that shows "how in

How would the new risk council work?

An agreement to create a new risk management council--to be led by the Treasury ( Treasury news), not the Federal Reserve Board ( Federal Reserve Board news)--seems to be imminent. This builds on an idea the White House floated last summer. The devil of course will be in the details. But you

Update: 404(b) reprieve for small companies?

As part of the investors protection bill, a provision would permanently exempt nonaccelerated issuers (basically companies with than $75 million in market cap) from 404(b) attestation requirements of

Big fight looming over superagency

There was a lot of talk not so long ago about the need for one regulatory agency that would roll up the Federal Reserve, the Office of Thrift Supervision, the Federal Deposit Insurance Corporation and the Comptroller of the Currency. The White House initially sought such an arrangement early on bu

Financial reform may have to wait

Most people assumed that 2009 would be the year to kick off a whole new era of regulation. We've certainly seen some eye-catching proposals, but the focus has shifted to health care in a big way.

The RSVP from Emanuel

When the New York Times reported that White House chief of staff Rahm Emanuel had agreed to be a guest speaker at a JPMorgan Chase board meeting to be held in Washington, it might have made him--or people close to him--nervous. How else do you explain his last-minute cancellation? People m

Mr. Dimon goes to Washington

Jamie Dimon has, as we have often noted, made himself the most powerful banker in Washington. He's set himself up as the go-to guy for regulators in need of help. He set up a meeting for the JPMorgan Chase board in Washington and lined up Rahm Emanuel, the White House chief of staff, as a guest sp

White House: No requests for more bailout funds

The White House says it will not go back to Congress seeking more bank bailout funds. So why did it put a $250 billion "placeholder" in its budget for additional funds for the financial industry? Perhaps if things get much worse, it will have no choice; the Treasury Department has about $110 billi

Bonus debate grows more complex

While Congress has been whipped up by a public furor over the AIG bonuses, the White House is taking a less emotional track: It is wary of the cry for special taxes to take back the bonuses, according to the Washington Post . It may be a draconian solution to a pressing problem, which has come