Finance

1:25pm

Mon March 26, 2012
The Two-Way

Did Corzine Know Money Transfer Came From Customer Account?

Former New Jersey Gov. Jon Corzine (D).
Mario Tama Getty Images

On Friday, we reported that former New Jersey Gov. Jon S. Corzine directly ordered $200 million transfered from a segregated customer account to an MF Global account in London, according to a memo from the House Committee on Financial Services.

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4:11pm

Fri March 23, 2012
The Two-Way

Memo: Corzine Ordered MF Global Customer Funds Moved To London Account

Originally published on Fri March 23, 2012 8:50 pm

Former New Jersey Gov. Jon Corzine (D).
Mario Tama Getty Images

Former New Jersey Gov. Jon S. Corzine directly ordered that $200 million from a segregated customer account be transfered to cover a $175 million overdraft in a London account. That's according to a memo (pdf) from the House Committee on Financial Services, which is scheduled to hold a hearing next week about the spectacular collapse of MF Global.

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4:02pm

Mon March 19, 2012
The Two-Way

U.S. Makes $25 Billion In Mortgage-Backed Securities Sale

The U.S. Treasury said today that it had made $25 billion from the sale of mortgage-backed securities it bought back during the financial crisis. The Treasury said the sale was part of its effort to wind down the bailout programs.

The AP reports:

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9:50am

Wed March 14, 2012
The Two-Way

Goldman Sachs Starts To Fire Back At Exec Who Quit In Scathing Op-Ed

Originally published on Wed March 14, 2012 12:25 pm

Chris Hondros Getty Images

Greg Smith is a fairly ordinary name — but it's now one that's all the talk of Wall Street after he quit his position at Goldman Sachs today in one of the most amazingly public ways:

With an essay in The New York Times that accuses Goldman Sachs of having a money-is-everything culture that is "toxic and destructive."

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7:15am

Wed March 14, 2012
Planet Money

Goldman Sachs Exec: 'People Talk About Ripping Their Clients Off'

Chris Hondros Getty Images

Greg Smith, an executive director at Goldman Sachs, is resigning today after 12 years at the firm. He has a scathing op-ed in this morning's NYT, running under the headline "Why I Am Leaving Goldman Sachs":

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