Henry Paulson

NEW YORK, NY -- (MARKET WIRE) -- 09/29/09 -- Sheila C. Bair, Chairman of the Federal Deposit Insurance Corporation, will be the subject of a keynote question-and-answer forum at The 25 Most Powerful Women in Banking™ Awards Dinner hosted by American Banker and U.S. Banker at The Plaza in NYC on Tuesday, October 6. The conversation with Bair is expected to range from her handling of the banking crisis and the backroom haggling among regulatory and political leaders to her perspective on women in the workplace. The Q&A session will be led by American Banker editor in chief Barbara A. Rehm, a veteran banking journalist whose coverage of federal deposit insurance reform won the Jesse H. Neal Award in 2000. Rehm's questions will include those submitted by members of The 25 Most Powerful Women in Banking community ...

NEW YORK, Sept. 25 /PRNewswire/ -- Hospital for Special Surgery announced today that Robert K. Steel, former President and Chief Executive Officer of Wachovia Corporation, has been named a member of the hospital's Board of Trustees. (Photo: http://www.newscom.com/cgi-bin/prnh/20090925/NY82048 ) Steel facilitated Wachovia's merger with Wells Fargo to create the second-largest retail brokerage in the country. Prior to running Wachovia, Steel served in the U.S. Treasury Department as Under Secretary for Domestic Finance, a Senate-confirmed position. In that role, he was the principal adviser to Secretary Henry Paulson on matters of domestic finance and led the department's activities regarding the domestic financial system, fiscal policy and operations, and governmental assets and liabilities. "All on the Board of Trustees are delighted to have someone of the caliber of Robert Steel join us to help guide the future of our institution as a leader in orthopedics, rheumatology and their related disciplines ...

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Doubts linger over BofA-Merrill (NYSE: BAC) deal

CHICAGO, Aug. 11 /PRNewswire/ -- "August marks the two-year anniversary of the 'official' start of the financial market crisis. To commemorate the occasion, I wanted to take a look back at those early days of the crisis, the sequence of events as they unfolded, and how they set the stage for the economic storm we have been living through for the past two years. Only by memorializing each step can we avoid making the same mistakes in the future," says Diane Swonk, chief economist of Mesirow Financial, in her August edition of Themes on the Economy, located at: http://www.mesirowfinancial.com/economics/swonk/themes/themes_0809.pdf Swonk's August newsletter -- part of a bigger research project that she is currently undertaking -- is just the tip of the iceberg, covering August 2007 through January 2008, a shaky period when a lack of consensus by members of the Fed about the depth of the crisis did more to create ...

Here is a recap of the top news items from this week on Wall Street:

1. We are now in the heat of earnings season, with financial companies making the most profound impact this week. Goldman Sachs (NYSE: GS) kicked off the week on Tuesday by beating the Street's EPS estimates by $2.71, reporting $5.71, ex-items. The stock jumped more than 5%, also bringing with it the entire market. Next, JPMorgan (NYSE: JPM), on Thursday, reported Q2 EPS of $0.28, beat the Street estimate of $0.04 handily. Then Friday, both Bank of America (NYSE: BAC) and Citi (NYSE: C) reported their quarterly results, each reporting better-than-expected numbers on the EPS front. The Financial Select Sector SPDR ETF (NYSE: XLF), or commonly referred to as just "the XLF" finished this week 9% higher.

2. Tech also saw numerous big name earnings this week. Intel (Nasdaq: INTC), Google (Nasdaq: GOOG) ...