The memo even explored why Gensler ran the New York Marathon with Corzine’s number more than 20 years ago. According to the report, Gensler learned that Corzine had registered to run the 1991 race. Gensler asked Corzine’s secretary if Corzine was actually going to run. Several weeks later, the secretary informed Gensler that Corzine had decided against running and wouldn’t need the number, the memo said. The secretary gave the number to Gensler. [Bloomberg via DI]
secretaries
CFTC’s Exhaustive Internal Review To Determine Whether Or Not Jon Corzine And Chairman Gary Gensler Had A “Too Close” Relationship Reveals Corzine Was The Kind Of Guy To Make A Big Show Of Signing Up For Athletic Events And Coming Up With An Excuse Not To Do Them At The Last Minute, While Gensler Was The Kind To Smirk And Passive Aggressively Ask If You Were “Actually” Going To Do It This Time
By Bess LevinWhen Having Affairs, Female Bankers Less Paranoid Than Males About Spouses Catching On
By Bess Levin
According to a new study, the results of which are somewhat suspect, among the seventy-two percent of bankers who’ve supposedly had an affair, 63 percent of the males “said that they were convinced their wives knew about their affairs,” versus 3% of female bankers who said the same of their husbands. Here are a few other details respondents got off their chests: Read more »
As the Chairman of Citigroup, a position he’s held since February 2009, Dick Parsons sticks out a bit by comparison. Whereas Citi has at times been the world’s largest bloated, lumbering, diversified cathouse where, for a good while, nothing could go right, a highly flammable entity prone to one chaotic moment of shit hitting the fan after the next, that few wanted to get within 100 feet of Parsons is calm. Cool. “Flat-out smooth,” as BusinessWeek describes him (which is why he was hired to be the one to go make nice with Washington, according to Vikram Pandit). The magazine recently accompanied Dick to a jazz club where they got to know him a little better, on a personal level. Here’s what we’ve learned about DP:
* He thinks the city smoking ban sucks: “Michael E. Novogratz, a director of Fortress Investment Group, a New York hedge fund, gives Parsons a hug and presents him with a Montecristo cigar. Parsons looks pleased. “Oh man,” he says, “I wish we could light these up in here.”
* If you’ve lost ass-ton of money, he’s the guy you turn to for a pick-me-up: Novogratz and Parsons exchange condolences about the market, which is zig-zagging with the turmoil in the Middle East. “I lost more money this week than I did in any week in 2008,” Novogratz laments. Parsons tells him not to be so hard on himself. “Nobody knows what’s going on,” he says.
* Charm like this doesn’t need an undergraduate degree: He went to the University of Hawaii, where he partied more than he studied. After four years, he still needed six credits to get his diploma, but he discovered that if he aced his pre-law exams he could get into law school in New York state without a college degree. He did well on the test and was accepted to Albany Law School, where he graduated at the top of his class. Read more »
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SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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