dealbook.blogs.nytimes.com - 5/7/2009
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Stephen Friedman, the chairman of the Federal Reserve Bank of New York, abruptly resigned on Thursday, days after questions arose about his ties to Goldman Sachs.
online.wsj.com - 5/4/2009
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online.wsj.com —
The Federal Reserve Bank of New York shaped
Washington's response to the financial crisis late last year,...
which buoyed Goldman Sachs Group Inc. and other Wall Street firms. Goldman received speedy approval to become a bank holding company in ...
(more)
New York Fed Chairman's Ties to Goldman Raise Questions
slate.com - 5/8/2009
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slate.com —
The kerfuffle about current New York Federal Reserve
Bank Chairman Stephen Friedman's purchase of some Goldman stock...
while the Fed was involved in reviewing major decisions about Goldman's future—well-covered by the Wall Street Journal here and ...
(more)
The New York Fed is the most powerful financial ...
news.yahoo.com - 5/8/2009
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news.yahoo.com —
NEW YORK (Reuters) Stephen Friedman , chairman of
the New York Federal Reserve Bank's board of directors,...
resigned on Thursday amid questions about his purchases of stock in his former firm, Goldman Sachs . Friedman, a retired chairman of Goldman ...
(more)
NY Fed chair resigns amid stock purchase questions
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Do Tell ...
Talking Points Memo —
Stephen Friedman steps down "abruptly" as NY Fed chair.
Eliot Spitzer discussed some of the potential conflicts for Friedman just yesterday in Slate.
...
Corruption So Normal No One Noticed
Eschaton —
I guess they finally did. Stephen Friedman, the chairman of the Federal Reserve Bank of New York, abruptly resigned on Thursday, days after questions arose about his ties to Goldman Sachs. Mr. Friedman was chairman of the New York Fed at the same time he was a member of Goldman’s board. He also had a substantial stake in the firm as the Fed was crafting a solution to keep Wall Street banks afloat. Denis M. Hughes, deputy chair of the board, will take over as the interim chairman, the New York Fed said in a statement. (Read Mr. Friedman’s letter after ...
Never Even Occurred to Him
Suburban Guerrilla —
NY Fed chairman resigns over a silly little conflict of interest kerfluffle!
Nice to see that Eliot Spitzer has found a way to be effective again…
Crooks at the NY Fed? Naaahh…
Firedoglake —
Via Atrios:
Stephen Friedman, the chairman of the Federal Reserve Bank of New York, abruptly resigned on Thursday, days after questions arose about his ties to Goldman Sachs.
Mr. Friedman was chairman of the New York Fed at ...
Crooks at the New York Fed? Naaahh…
Firedoglake —
Via Atrios:
Stephen Friedman, the chairman of the Federal Reserve Bank of New York, abruptly resigned on Thursday, days after questions arose about his ties to Goldman Sachs.
Mr. Friedman was chairman of the New York Fed at ...
Related: stephen friedman
The Other Stress Test —
Suburban Guerrilla
Simon Johnson at Baseline Scenario:
There is nothing you can teach Wall Street titans regarding the timing of news flow. Stephen Friedman, the former head of Goldman Sachs, resigned last night as chair of the New York Fed’s board, after committing essentially a rookie error. In ...
New York Fed Chairman Steps Down —
Truthdig: Drilling Beneath the Headlines
Although he went down insisting that his relationship to Goldman Sachs had been “mischaracterized,” New York Federal Reserve Chairman Stephen Friedman resigned on Thursday after The Wall Street Journal, among others , brought up the issue of a potential conflict of interest earlier ...
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