Monday, January 19, 2009

Goldman Man Top Contender for NY Fed Spot

Imagine my surprise.

Fed Governor Kevin Warsh, once a leading contender to succeed Timothy Geithner as president of the New York Fed, will remain Chairman Bennanke's chief liaison with the Treasury Depart ment and other regulators, Nypo is reporting. Warsh's withdrawal leaves William Dudley, the New York Fed's top markets official and a former Goldman Sachs economist, as the leading candidate.

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