One of Goldman Sachs Group Inc.’s key banking leaders, Ken Wilson, is leaving the securities firm on a temporary basis to serve as an adviser to Secretary of the Treasury Henry Paulson, The Wall Street Journal reported.
Mr. Wilson, who is chairman of New York-based Goldman Sachs’ financial institutions group, will work Mr. Paulson to come up with solutions on how to address the country’s credit crisis.
President Bush made a personal phone call to Mr. Wilson last week asking for his assistance, according to the Journal.
The Goldman Sachs executive is expected to serve in an advisory role with the Treasury Department without pay through January.
Both the Treasury Department and Goldman Sachs declined to comment on the story.
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