Update: Ken Wilson leaves Goldman

Earlier published reports said Ken Wilson, chairman of Goldman Sachs Group Inc.'s financial institutions group, was taking a temporary leave to help with the country's banking crisis. The move is not temporary, a source told The Deal. Wilson got the call, literally, from President George W. Bush to advise former Goldman colleague and current Treasury Secretary Henry M. Paulson Jr. on the current crisis. Wilson is supposed to give more of a macro perspective on the situation. Wilson (pictured) joined Goldman in 1998 from Lazard. - Baz Hiralal

See related story about the significance of the news from Dealscape

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