Bush Cousin Heads to Lehman
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Lehman Brothers(LEH Quote) has nabbed George H. Walker, the CEO of Goldman Sachs(GS Quote) Hedge Fund Strategies, to be the global head of its $188 billion Investment Management Division, Lehman Brothers announced today.
Walker has already resigned from Goldman Sachs and could not be reached for comment. A spokesman at Goldman Sachs did not return a call.
Walker, who is President George W. Bush's second cousin, had joined the merger and acquisition group of Goldman Sachs in 1991 and became a partner in 1998. He soon grew to be one of the principal architects of Goldman Sachs' investment management strategy and was overseeing a $70 billion group of alternative investments, including hedge funds of funds and private equity investments. ...
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