Goldman Hires Greg Craig, Ex-White House Lawyer, For SEC Defense

Goldman Hires Greg Craig For SEC Defense

Goldman Sachs is launching an aggressive response to its political and legal challenges with an unlikely ally at its side -- President Barack Obama's former White House counsel, Gregory Craig.

The beleaguered Wall Street bank hired Craig -- now in private practice at Skadden, Arps, Slate, Meagher & Flom -- in recent weeks to help in navigate the halls of power in Washington, a source familiar with the firm told POLITICO.

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