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Are Banks Safer Now Than They Were 10 Years Ago?

H. Rodgin Cohen, the dean of banking lawyers, weighs in

Super Lawyers online-exclusive

Sullivan & Cromwell’s H. Rodgin Cohen, whom The New York Times in 1989 dubbed the “counselor banks call in a crisis,” was certainly in the thick of it during the global financial meltdown 10 years ago. He represented, among others, Fannie Mae, Lehman Brothers, AIG and Goldman Sachs Group. He repped Bear Stearns during its sale to JPMorgan Chase, and JPMorgan Chase when it bought Washington Mutual. Above, Cohen talks about whether banks today are safer than they were 10 years ago.

Cohen’s story is featured in the 2018 edition of New York Super Lawyers magazine.

“With respect to the largest banks, there are probably three areas where one needs to be concerned. The first is overconfidence.”

H. Rodgin Cohen

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