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Subjects / Resolution and Recovery

Newsletter January 09: Corrigan, Padoa-Schioppa join crisis group

Simon Turmaine | January 19, 2009

Goldman Sachs managing director Jerry Corrigan and Italy’s former finance minister, Thomaso Padoa-Schioppa, are among 16 leading lights in global finance who’ve agreed to serve on a high-level advisory group looking into accounting issues arising from the global financial crisis. Corrigan, a former New York Federal Reserve Bank chief, is also a co-chairman of the Counterparty Risk Management Policy Group, a consortium of big banks that last year recommended new risk standards for Wall Street firms.

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