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FDIC to hire 500 new staff
FDIC is going to hire 500 new staff. Most slots will be bank examiner jobs. But those jobs pay quite well if you have a few years of experience. For details click here. Information on the job postings
Continue readingTreasury Rescue Plan Strained by Lack of Staff
From: Wall Street Journal, November 28, 2008 The current Treasury has so far struggled to keep up with the task of hiring enough people to handle the $700 billion financial rescue package passed by Congress
Continue readingTreasury Begins TARP Rollout
SIFMA (the Securities Industry and Financial Markets Association) had its “SIFMA Summit” in NYC today on the Troubled Asset Relief Program (TARP). One of the presenters was Neel Kashkari,
Continue readingTreasury Department Picks Two Law Firms to Handle $700 Billion Bailout
From: National Law Journal, November 6, 2008 The U.S. Treasury Department has tapped Hughes Hubbard & Reed and Squire Sanders & Dempsey to help execute the $700 billion bailout package that Congress
Continue readingTARP, Credit Crisis Jobs, etc. — Where to Apply
We spoke to our Treasury contacts over the weekend. If you would like to know about all employment opportunities within TARP (attorneys, accountants, financial analysts, etc.) go to the TARP web page
Continue readingThe Uptick in Subprime and Credit Crisis-Related Litigations is … Where?
As the media has reported, Clifford Chance has laid off 20 litigators in the mortgage-back securities practice (here) due to “sluggishness” and the fact that the expected uptick in litigation “has
Continue readingSimpson Thacher Wins Lead Role on Treasury’s $700 Billion Bailout Plan
From: The American Lawyer, October 14, 2008 The U.S. Treasury Department has chosen Simpson Thacher & Bartlett as its lead legal adviser on the $700 billion bailout plan from among a group of six law
Continue readingThe Bailout and Contract Attorney Jobs … More News
Our contacts at Treasury indicated that the “staff up” has been on hold, although the FDIC and OTS are still staffing up because of other related regulatory events. For those of you following
Continue readingThe Bailout Plan and Contract Attorney Work … An Update
The bailout plan and contract attorney work … an update to our September 25th posting: Yesterday the administration announced that a former Goldman Sachs executive will be the interim head of its $700
Continue readingContract Attorney Projects Galore … Another “New Wave” Credit Crisis Lawsuit, With More to Come
As has been reported in all the legal media web sites, the tsunami of filed and pending financial meltdown/subprime-related securities cases is still on the rise. Nobody covers this better, by the way,
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