Goldman Sachs Executive to Advise Head of Canada’s Central Bank, a Former Goldman Sachs Executive
July 6th, 2010Mmm hmm.
Via: Bloomberg:
The chief executive of Goldman Sachs Canada has been named a special adviser to the head of Canada’s central bank.
The Bank of Canada said Tuesday that Timothy Hodgson will advise central bank head Mark Carney, a former Goldman Sachs executive, on financial reform. Carney says Hodgson is one of Canada’s top investment bankers.
Hodgson is leaving Goldman Sachs. The company has come under sharp criticism over civil fraud charges brought by the U.S. Securities and Exchange Commission and because of the high pay its executives and traders received during the financial crisis.
Hodgson joined Goldman Sachs in 1990 and became CEO of its Canadian operations in 2005.
