Prof. Painter Quoted in Washington Post on Hedge Fund Briefings with High-Level White House Staff

Professor Richard Painter, who formerly served as chief ethics lawyer in the Bush White House, was quoted in a Washington Post article reporting that hedge funds executives met privately with a high-ranking White House official who was implementing President Obama's new health care law. Painter reported that he had advised the Bush White House, and he still believes, that White House briefings for hedge funds are inappropriate if any nonpublic information is discussed, and that hedge funds generally should not get private White House briefings.