Geithner exit
Treasury Secretary Timothy F. Geithner plans to leave at the end of January, even if there’s no deal to raise the debt ceiling, according to informed sources. White House Chief of Staff Jack Lew is the leading contender for the job.
Swiss plea
Wegelin & Co., Switzerland’s oldest private bank, pleaded guilty yesterday to helping US taxpayers hide assets from the IRS and may pay as much as $74 million.
Liberty/Sirius
Liberty Media said yesterday that the FCC has approved its request for permission to gain effective control of Sirius XM Radio.
Coinstar shift
Coinstar named CFO J. Scott Di Valerio as its new chief executive, succeeding Paul Davis, who is retiring. Shares dropped 4.7 percent to $49.59 after hours.
Sokol safe
The lawyer of David Sokol, whom the SEC had been investigating for an investment he made in a chemical company before Berkshire Hathaway acquired it, told the Wall Street Journal that he will not face enforcement action.