bpmeyerhofer
Bryan Meyerhofer
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US Made Profit On Mortgage Debt (WSJ) In the latest sign of the government’s gradual retreat from financial-crisis-related programs, the Treasury Department is expected to announce Monday that taxpayers reaped a $25 billion profit on mortgage bonds purchased at the height of the meltdown. Goldman Sachs Board Must Act on Smith Op-Ed, Ex-Partner Writes (Bloomberg) Goldman Sachs directors must investigate a former employee’s allegations about a change in the firm’s culture, Jacki Zehner, who was a partner when she left the firm in 2002, wrote on her blog. “These are very serious accusations from a credible person in my view and I hope it does indeed provide a ‘wake-up’ call to the board of directors,” wrote Zehner, who was the first female trader promoted to partner and is married to a former partner.
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The U.S. and Afghanistan have agreed to a deal that will put Afghan troops in charge of deeply unpopular night raids on local homes by special forces in Afghanistan. FULL STORYHelp
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