Last week, Henry Paulson, the CEO of Goldman Sachs was nominated to replace Paul Snow as Secretary of the Treasury. Maybe, they need someone pretty skilled in the investment markets and banking to handle the coming hedge fund meltdowns.
Even scarier, today Goldman Sachs hired the country's leading bankruptcy attorney away from the Chicago law firm of Kirkland Ellis to be managing director of their investment banking unit. Uh Oh The smart guys must see a lot of opportunities coming up in the "restructuring" industry.
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