Norman Antin and Kevin Houlihan, both partners in the firm's Washington office, were quoted in the Wall Street Journal on November 3, 2008 in a story about a spurt in publicly held institutions applying for government investments in coming weeks out of concern that failing to do so, could make them losers in a banking sector reshaped by the Treasury's $700 billion rescue plan.
Mr. Antin said he is in constant contact with bank regulators and lawmakers on Capitol Hill.
Mr. Houlihan said the firm's banking and regulatory group now spends half its time on the rescue effort. Last week, after Treasury reemphasized that only healthy banks would qualify for the program, five bankers contacted him in a day. He encouraged them all to apply.
"It's cheap capital, cheap insurance and a bonus for the institutions that are participating," he said.