[CTRL] Distressed Fannie Mae Hires a Top Defender

[Jim Rarey]

-Caveat Lector- Sounds like criminal charges at Fannie Mae. If Fannie Mae goes down it could take the whole eonomy with it. - JR         washingtonpost.com MONDAY MORNING Monday, October 11, 2004; Page E02 Distressed Fannie Mae Hires a Top Defender Chalk up another troubled corporate client for veteran defense lawyer Robert S. Bennett. Last week District-based mortgage giant Fannie Mae hired him to help stave off Justice Department and Securities and Exchange Commission investigations into its accounting practices. Bennett, 65, a partner in the Washington office of Skadden, Arps, Slate, Meagher & Flom, in recent years has developed a lucrative specialty of representing companies ensnared in financial scandals. He and other Skadden partners also run interference for French bank BNP Paribas, disgraced energy trader Enron Corp., rehabilitation hospital chain HealthSouth Corp., audit firm KPMG LLP, and the Allbritton family of Riggs Bank fame. In all, Bennett said, his team in Washington has nearly 65 lawyers -- including longtime partners Carl S. Rauh and Alan Kriegel and former SEC enforcement deputy Colleen P. Mahoney -- plus 60 legal assistants. But the affable former prosecutor may be best known to a wider audience for his defense of President Bill Clinton in a sexual harassment lawsuit that ultimately helped lead to Clinton's impeachment. "When representing companies it is a very nuanced practice, because you have so many constituencies: regulators, law enforcement people, shareholders, boards of directors and board committees," Bennett said. "You have to deal with all these things fairly quickly, because if you don't, the franchise can be seriously jeopardized." -- Carrie Johnson © 2004 The Washington Post Company www.ctrl.org DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://www.mail-archive.com/[EMAIL PROTECTED]/ <A HREF="">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om

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