A Republican U.S. senator has called on Gary Gensler, the chairman of the Commodity Futures Trading Commission, to recuse himself from matters related to bankrupt futures brokerage MF Global Holdings Ltd .Senator Charles Grassley said Gensler's connections to Jon Corzine, who recently resigned as MF Global's chief executive, could be a distraction as the agency investigates the collapse of MF Global.MF Global filed for bankruptcy on Monday after bets on debt from troubled euro zone nations scared away clients and investors.Gensler and Corzine worked at Goldman Sachs Group Inc at the same time and held prominent positions. They both left the investment bank in the late 1990s.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS fell by 2.48% or $-2.6701/share to $105.01. In the past year, the shares have traded as low as $89.88 and as high as $175.34. On average, 8899660 shares of GS exchange hands on a given day and today's volume is recorded at 4589960.
