Obama's go-to guy on economic matters.
Thursday, December 15, 2011
Records Reveal Contact Between Corzine And The Fed In MF Global's Final Days | Fox News
Records Reveal Contact Between Corzine And The Fed In MF Global's Final Days | Fox News: "Jack Gutt, a spokesman for Dudley, said the New York Fed had no comment. But sources with knowledge of the substance of these conversations told Fox News that Corzine already knew MF Global's collapse was imminent, and had reached out to Dudley for two reasons: first, to see if the Fed could help find a buyer for MF Global; and second, to assist the Fed in its efforts to minimize the fallout from what both men now realized was shaping up as a Wall Street catastrophe, the eighth largest bankruptcy in American history. "