Jamie Gorelick representing Rattner in talks

By A. James Memmott

March 16, 2010 at 8:51am

Jamie S. Gorelick, a former assistant attorney general in the Clinton administration and a member of the 9/11 commission, is keeping busy in the private sector.

According to The Wall Street Journal, Gorelick is one of the attorneys representing Steven Rattner in his negotiations with the New York state attorney general’s office and the Securities and Exchange Commission.

The former hedge fund manager and Obama auto czar has been under investigation for his dealings with the New York state pension fund.

Gorelick, who is with the Washington office of WilmerHale, is also lobbying on behalf of Sallie Mae, the nation’s largest granter of student loans.

Jamie Gorelick
Jamie Gorelick

Sallie Mae and other lending companies oppose some Obama administration proposals that would cut them out of the student loan process.

As reported by The New York Times, Gorelick is one of several former Clinton administration members making a case for student-loan providers. They include Tony Podesta, who was Clinton’s chief of staff, and Joe Lockhart, who was Clinton’s press secretary.

Records available on show that Sallie Mae spent $3,480,000 on lobbying in 2009. WilmerHale received $310,000 of the total.

In addition to Gorelick, WilmerHale partner Jay P. Urwitz, a former adviser to Sen. Edward M. Kennedy, is listed as the firm’s lobbyist on the Sallie Mae account.

A 1975 graduate of Harvard Law School, Gorelick, 59, was in private practice in Washington when she was named general counsel for the Department of Defense in 1993.

In 1994, she became deputy attorney general and served in that position until 1997 when she left to become vice chair of Fannie Mae, the mortgage giant.

She reportedly received $25.7 million in compensation and bonuses while at Fannie Mae. She left in 2003 as the corporation was coming under attack for accounting improprieties and joined WilmerHale.

In November 2002, Gorelick became one of five Democrats on the bipartisan group known as the 9/11 Commission.

Charged with investigating the Sept. 11, 2001 attacks upon the United States, the commission issued a report in July 2004.

While serving on the commission, Gorelick came under attack by conservatives for a March 4, 1995, memo she wrote while deputy attorney general.

In the memo, Gorelick instructed the FBI and the U.S. Attorney’s office to go beyond what is “legally required” in maintaining the wall between them and U.S. intelligence services.

Her opponents argued that her instructions stopped the sharing of information that might have prevented the 9/11 attacks.

Her defenders argued that Gorelick was only articulating policies that were already in place.

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  • #1.   Betsp 03.28.2010

    What a slime infested government. While they are scolding the middle class to pay more and more taxes, these creeps steal the piggy banks and walk away. Give us back our money, Jamie!
    And Barney Frank was lying every step of the way, right? So, Democrats pumped up the bubble and after it burst, slinked away screaming, “Bush did it. Bush did it.” America, we’ve been had by these criminals.

    Fannie and Freddie and Sallie Mae need to be shut down. They are just slush funds for Democrats. Hypocrites.

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