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David Lehman confirmed as Connecticut’s DECD commissioner

Lehman’s tenure at Goldman Sachs, which coincided with the 2008 subprime mortgage crisis, had been the subject of much debate.

Lamont taps Goldman exec to oversee state’s new economic development strategy

David Lehman, a managing director at Goldman, will serve both as the state’s new commissioner of the Department of Economic and Community Development  and as the governor’s senior economic adviser.

Arch Street Capital Advisors in new joint venture buying industrial properties

Goldman Sachs will provide the venture with a financing line of credit facility.

New York offering data to combat blight in cities

Cities can use the code enforcement records, tax liens, and fire and police records to develop strategies to revitalize neighborhoods.

Newburgh land bank gets $2 million to provide affordable housing

The attorney general is funding state land banks with money from settlements with large banks implicated in the housing crisis.

Goldman Sachs’ approach to online customers

New website gsbank.com aims to attract individuals and small businesses.

GE officially exits the banking business

The company has completed the sale of GE Capital Bank’s U.S. deposits to Goldman Sachs.

Serving those who served

Habitat for Humanity’s homebuilding initiative for military veterans draws score of volunteers to a Yonkers neighborhood.

Gupta gets 2 years

Former McKinsey & Co. managing director Rajat Gupta received a two-year prison term and a $5 million fine for leaking insider trading tips.

Greenwich man to lead Webster Private

Webster Financial Corp. hired a BNY Mellon and Goldman Sachs veteran to lead its private banking operations.

Starwood sells Times Square Hotel

For $275 million, Starwood Hotels & Resorts Worldwide Inc. sold the venerable Manhattan at Times Square Hotel.

Report: Former Greenwich UST office bought

A New York City investment firm has bought UST Inc.’s onetime headquarters in Greenwich, according to the Wall Street Journal.

Startup programs accelerate

Connecticut Innovations is accepting applications through Aug. 15 from entrepreneurial teams interested in participating in the fall TechStart accelerator program. Separately, late last month, the...

Gupta found guilty

A federal jury found Rajat Gupta guilty of insider trading.

Back to school for corporate governance

Summer session is beginning at colleges and universities, and management experts say one of the offerings should be Corporate Governance 101. First in line...