Goldman Lawyers Advised Lehman
April 19th, 2010Via: Telegraph:
The US law firm supporting Goldman Sachs against fraud allegations was Lehman Brothers’ legal adviser as it crashed into bankruptcy two years ago.
Rodgin Cohen, the senior chairman at Sullivan & Cromwell, was the man who made the fateful call on Sunday September 14, 2008 to Dick Fuld, the boss of Lehman, to tell him the final attempt to save the investment bank had failed.
Mr Cohen, 65, has become one of the most recognisable legal faces on Wall Street since the financial crisis, advising clients such as Bear Stearns and AIG. Recalling the talks to bail out the US banking system in 2008, Hank Paulson, the former US Treasury Secretary, said last year: “Every time I looked up, it seemed like Rodge was in the room.”
