When it comes to the auto bailouts, "the restructuring's worked," says Steven Rattner, former Counselor to the Secretary of the Treasury and Lead Auto Advisor. "I think you'll see profits just continue to rise for the companies." When it comes to government job creation, Rattner says, "the best thing the government could do right now would be to restructure the federal budget and get its own house in order." Yet, Rattner feels that "the risk of a double-dip recession has almost completely gone away." --Katie Roof
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.