Ex-Bridgewater Lawyer To Head FBI

May 31 2013 | 12:11pm ET

Two years after turning down the job, Bridgewater Associates' former top lawyer is poised to lead the Federal Bureau of Investigation.

President Barack Obama is set to nominate James Comey, who was a top official in President George W. Bush's Justice Department, to serve as director of the FBI. Comey is a Republican—but made a name for himself in 2004 when he refused to reauthorize the National Security Agency's domestic wiretapping program as acting attorney general.

Comey served as Bridgewater's general counsel from 2010 until earlier this year, when he joined Columbia Law School. Obama reportedly considered naming Comey FBI director two years ago, but Comey turned down the job. The president instead sought and won a two-year extension for Robert Mueller, who has led the FBI since 2001.

According to The New York Times, Comey met with Obama earlier this month, and was told he was the president's pick shortly afterward. He was selected over Lisa Monaco, the top counterterrorism adviser at the White House.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR