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And more competition is on the horizon. In the past two months, Goldman Sachs, Morgan Stanley, Raymond James, GMAC, American Express and business financier CIT have all applied to convert into bank holding companies, partly in order to be able to get access to cheap funding through deposits. GE Capital...

Author: /time Magazine | Title: The CD-Rate Scramble: Better for Depositors than for Banks | 12/8/2008 | See Source »

Havens, Timothy •wife of is accidentally shot by during sex with

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 12/5/2008 | See Source »

THE JOB OF FINDING THE RIGHT combination of spark, fuse and black powder will fall to Lawrence Summers and Timothy Geithner, two friends Obama named to lead his economic team. Geithner, 47, will leave his job as chief of the New York Federal Reserve to become Treasury Secretary. His mentor...

Author: /time Magazine | Title: Jump-Starting the Obama Presidency | 11/26/2008 | See Source »

President-elect Barack Obama filled the last of the four top economic positions Monday, announcing that his Council of Economic Advisers will be chaired by University of California at Berkeley economist Christina D. Romer, who was a subject of national indignation earlier this year when Harvard did not offer her...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: CEA Chief Was Denied Tenure | 11/26/2008 | See Source »

Obama also nominated Timothy F. Geithner, current chairman of the Federal Reserve Bank of New York, as Treasury Secretary, a position which Summers held under President Clinton from 1999 to 2001 and for which he was short-listed this time around.

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Summers Announced As Obama Economic Advisor | 11/25/2008 | See Source »

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