Tag Archives: davis-polk

The Regulatory Revolving Door

Ira Stoll submits: In the post about Paulson & Co.’s $32 billion in assets under management we mentioned that one benefit of being that big is that you get invited to meetings like the one the FDIC held last week . Representing Paulson & Co. at the meeting, according to a participants list , was a senior vice president, Allen Puwalski, whose “Linked In” resume reports that he was chief of bank analysis at the FDIC from 2003 to 2005. Other participants included John L. Douglas, a partner at Davis Polk & Wardwell. Mr. Douglas, who was general counsel of the FDIC from 1987 to 1989, lately has been “counseling Citigroup with respect to FDIC matters,” according to his law firm’s Web site . Complete Story