Friday, April 17, 2009 2:31 PM
Bank Lobby Sees Changes
There are shifts underway in the lobbying ranks of several financial service giants including Goldman Sachs and JP Morgan Chase, two of the apparently healthier ones. JP Morgan Chase recently recruited two new lobbyists, Democrat Kate Childress and Republican Nate Gatten, both of whom had previously done outside advocacy work for the bank. In recent months JP Morgan has also dropped a few outside lobbying shops, including BKSH & Associates, Equale & Associates and the OB-C Group, and retained some new ones such as McBee Strategic Consulting and Lawrence Romans & Associates.
Meanwhile, Goldman, which has seen a couple of senior lobbyists depart this year, is about to lose Ann Costello, a veteran Republican who's moving to Bank of New York Mellon to lead their D.C. lobbying efforts, according to several sources. Earlier this year, Marti Thomas, a Democrat at Goldman, jumped ship to join the Duberstein Group, and Mark Patterson decamped to Treasury where he is chief of staff to Secretary Tim Geithner.
--Peter H. Stone
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