CA's loss, IL's gain

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"One of the long-standing criticisms of [Goldman Sachs] is its seemingly close ties to government ...

"That cozy relationship applies at the state level, as well. Last month, Goldman said it moved Kathleen Brown, head of its public sector and infrastructure business in the West region, to Chicago after Brown's brother was elected governor of California. Brown, a former California state treasurer, moved to Chicago from Los Angeles and will now be chairman of investment banking in the Midwest for the firm." [Wall Street Journal]

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