BUSINESS
06/03/2009 05:12 am ET Updated May 25, 2011

Stephen Friedman, New York Fed Chairman: His Ties to Goldman Raise Questions

The Federal Reserve Bank of New York shaped Washington's response to the financial crisis late last year, which buoyed Goldman Sachs Group Inc. and other Wall Street firms. Goldman received speedy approval to become a bank holding company in September and a $10 billion capital injection soon after.

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