Prof. Painter Quoted in Wall Street Journal Article, "How White House Wooed Wall Street in Debt Debate"

Professor Richard Painter was quoted in a Wall Street Journal article on White House Chief of Staff William Daley's contacts with J.P. Morgan and other large banks about the federal debt crisis. The article reports that although Daley joined the White House from J.P. Morgan seven months ago, his "calls with J.P. Morgan Chase would be unlikely to trip ethics rules because the topic, the federal budget, is so broad and general, said Richard Painter, a law professor at the University of Minnesota and former chief White House ethics lawyer under President George W. Bush. According to the White House, Mr. Daley sold all his J.P. Morgan stock."