To: Rangle who wrote (42465 ) 4/29/2010 4:16:54 PM From: joseffy Respond to of 48463 Goldman Sachs brings in the hired guns By A. James Memmott April 28, 2010 news.muckety.com When the going gets tough, the tough get recruiting. Bloomberg Businessweek reports that Goldman Sachs Group has been signing on “former lawmakers and crisis specialists” to help the firm combat a wave of negative publicity and Congressional outrage. The new advisers include Mark Fabiani of the public relations firm Fabiani & Lehane. Nicknamed the “Master of Disaster,” Fabiani helped President Bill Clinton handle the Whitewater investigation. Fabiani was also Al Gore’s deputy campaign manager for communications and strategy during the 2000 presidential campaign and served as the campaign spokesperson during the Florida recount. Since 2002, he has been a consultant to football’s San Diego Chargers, helping them with efforts to get approval for a new stadium. In advising Goldman, Fabiani joins another Clinton hand, Greg Craig. He led the battle against impeachment charges during the Clinton presidency. Craig also served as White House counsel in the Obama administration for almost a year. He’s a member of the Washington law firm of Skadden, Arps, Slate, Meagher & Flom. Stephen Labaton, who covered the financial crisis for The New York Times until he took a buyout from the paper near the end of last year, has also joined Goldman’s lobbying team, Bloomberg reports. The additions to Goldman’s Washington staff parallel an increase in spending. Bloomberg writes that the firm spent $1.2 million on lobbying in the first three months of 2010, almost twice as much as what it spent in the first three months of 2009. Bloomberg lists these other politically well-connected recent Goldman hires: •Michael D. Thompson, who earlier served on the staff of Sen. Michael B. Enzi, a Wyoming Republican. He was also a Republican assistant to the Senate Banking, Housing and Urban Affairs committee. •Joyce Brayboy, a former chief of staff for Democratic Representative Melvin L. Watt of North Carolina. She was a lobbyist and senior vice president with the Glover Park Group before joining Goldman at the end of last year. •Eric Edwards, a former Democratic aide to a House Financial Services subcommittee and a staff assistant for Rep. Luis V. Gutierrez, an Illinois Democrat. •Joe Wall, a former aide to Vice President Dick Cheney. He was also an aide to Rep. Roy Blunt, a Missouri Republican, and he served on Mitt Romney’s 2008 presidential campaign as an assistant national field director. As Bloomberg notes, Goldman was already well-stocked with politicos before it brought in the new recruits. In April 2009, the firm hired Michael Paese to head its Washington office. Until September 2008, he had been a staff member of the House Financial Services committee headed by Rep. Barney Frank, a Massachusetts Democrat. He left the committee to become an executive vice president at the Securities Industry and Financial Markets Association. Last summer, Todd M. Malan, a longtime lobbyist at the Organization for International Investment, joined Goldman’s Washington office. Also signing on was Kenneth M. Connolly, a former staffer to Vermont Sen. James Jeffords and a former staff director of the Senate Environmental and Public Works Committee. In the past, Goldman has also sought advice from Richard Gephardt, the former House Democratic leader.