Month: September 2008

Goldman, Morgan to Become Bank Holding Companies

THE NEW YORK TIMES DEALBOOK In one of the biggest changes to Wall Street in decades, Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night. The move fundamentally changes one of the mainstays of modern Wall Street. It heralds new regulations and […]

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Senator, Target of Anthrax Letter, Challenges F.B.I. Finding

NEW YORK TIMES By SCOTT SHANE WASHINGTON — Senator Patrick J. Leahy, chairman of the Senate Judiciary Committee and a target of the anthrax letters of 2001, said Wednesday that he did not believe the F.B.I.’s contention that an Army scientist conducted the attacks alone. At a hearing of his committee, Mr. Leahy told the […]

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