MCI, Compaq Vet To Advise Silver Lake

Oct 5 2006 | 2:39pm ET

A former CEO of MCI and Compaq Computer Corp. has joined a leading private equity firm as a senior advisor. Michael Capellas, who left MCI in January after overseeing its merger with Verizon Communications, is the newest face at Silver Lake Partners, where he’ll advise both its top executives and value creation teams.

Capellas will work out of Silver Lake’s New York office; the firm also has an office in Menlo Park, Calif.


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The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.