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Thursday, sep 19
Tag:
U.S. Treasury
Business
CEO Of World's Largest Hedge Fund Firm Steps Down To Weigh Run For US Senate In PA
The CEO of the world's largest hedge fund firm is stepping down to consider a run for the US Senate in Pennsylvania, The Hill reports. David McCormick's departure was announced Monday by Connecticut-based Bridgewater Associates, the outlet said. McCormick began working for Bridgewater in 2009 and was named co-CEO in 2017, according to his Linkedin page. He was then named CEO in 2020. The military veteran and Princeton graduate previously worked as the US Treasury undersecretary for international affairs in the George W. Bush Administration, according to his profile. Deputy CEO Nir Ba…
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HIM? Harrisburg Man Wanted For Stimulus Check Fraud, Police Say
A 36-year-old Harrisburg man is wanted for a possible stimulus check fraud in Cumberland County, authorities said. A warrant for the arrest of Charles Brown was issued by Lower Allen Township on charges of two misdemeanors for bad checks and theft by depiction. On April 25 2020, shortly after the first stimulus checks were issued in March 2020, Brown took a US Treasury Check for $1,200 to Members First Federal Credit Union to deposit the check into his account. Over the last week of April 2020, Brown made multiple withdrawals for a total of $1,100 as well as debit card transacti…