Prof. Painter Quoted on Bloomberg Website

Professor Richard Painter was quoted on the Bloomberg news page about Elizabeth Warren's outside work while head of the Congressional Oversight Panel monitoring the $700 billion bank bailout. Warren was paid $90,000 this year to be an expert witness in a class-action lawsuit against some of the biggest U.S. banks. "She should have had the judgment to say no," said Painter, who was chief ethics lawyer in the White House counsel's office and last year published a scholarly work on government ethics. He went on to say, "it's highly inappropriate in a position that has this much power."