POLITICS
06/04/2009 05:12 am ET Updated May 25, 2011

GOP Senator Shelby Calls NY Fed Chief's Goldman Ties "Deeply Disturbing"

The ranking Republican on the Senate Banking Committee called it "deeply disturbing" that Stephen Friedman, who is chairman of the Federal Reserve Bank of New York and a director of Goldman Sachs Group Inc., bought Goldman shares in December and January.

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