Big scandal over at Goldman Sachs this week. And all because of some cute kittens.
Apparently, in August, five abandoned kittens were found close to the firm's new HQ building, which is under construction in Battery Park City. Goldman is said to have told the couple who found them that it would sort out the payment of any vets fees (you know, for worm and flea tablets and two sets of injections, etc), which would clearly help in the quest to rehouse the felines.
But fast forward to earlier this week, and the vet bills remained unpaid. Was Goldman doing the Devil's work ? No, the payments had simply gone astray (like the cats). All is now well though, as the vet has been paid, the kittens are enjoying their new homes, and everyone thinks that Goldman Sachs is kind of cute too.
In the meantime, Bloomberg reports that outgoing New Jersey Governor (and former Goldman President) Jon Corzine has said that he has not been in discussions with Bank of America over the soon-to-be vacant CEO position there.
And Reuters reports that, despite the jury's decision to acquit Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin, US regulator The Securities and Exchange Commission still intends to proceed with its civil case against the pair.
Finally, Forbes has come out with its 'World's Most Powerful People' list. Predictably, President Obama is on top, but Fed chair Ben Bernanke comes in at 3, Warren Buffet at 14, BlackRock CEO Larry Fink at 16, Goldman boss Lloyd Blankfein at 18, US Treasury Secretary Tim Geithner at 21, JPMorgan's Jamie Dimon at 30.