Monday, September 8, 2008

Carlyle's Zwiener leading man for Wachovia CFO

The Good-old Boys are still running the macro-economics - greed and self-interest still prevail

Carlyle's Zwiener leading man for Wachovia CFO post-WSJ | Industries | Financial Services & Real Estate | Reuters: "Sept. 8 (Reuters) - Carlyle Group's David Zwiener is the leading candidate to fill the chief financial officer's position at Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz), The Wall Street Journal said, citing people familiar with the situation.
An announcement about the appointment of Zwiener, currently a managing director in the private equity firm's New York office, could come later this week, the newspaper said on Monday.
In July Wachovia, which posted a record $8.86 billion second-quarter loss, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named"

Who is the Carlyle Group?

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