Prof. Painter Quoted in American Banker on Federal Financial Conflict of Interest Statute

Professor Richard Painter was quoted in an American Banker article entitled "OCC Flip-Flopped on Ethics Matter, Reassigned Husband of B of A Exec," which was about an official in the Office of the Comptroller of the Currency and his wife, an executive at Bank of America. The OCC official supervised bank examinations, which Painter pointed out may have violated the federal financial conflict of interest statute because his wife was compensated in part in B of A stock options.