Mr. John Douglas

Council Member Biography

John Douglas is a partner in the Financial Institutions Group at Davis Polk, heading the firm’s bank regulatory practice and focusing on bank restructuring and resolutions and other issues arising from the current banking and financial crisis. He has been involved in some of the most difficult and sensitive matters during the crisis, including advising the boards of directors of Indymac and Bank United, counseling Citigroup with respect to FDIC matters, advising various parties on the fallout from the failure of Washington Mutual and advising various private equity firms on proposed investments in troubled or failed banks.

Mr. Douglas was appointed General Counsel of the Federal Deposit Insurance Corporation in 1987 and continued in that capacity through 1989. This was a period of unprecedented stress on the financial system, and he was involved in the major bank failures and restructurings of the late 1980s, participated in the landmark Financial Institutions Regulatory Reform and Restructuring Act of 1989 and assisted in the organization of the Resolution Trust Corporation.

Mr. Douglas is now regarded as one of the leading bank insolvency lawyers in the nation. (This is me - Update Profile)

Employment History

2009 - Unspecified

Partner, DAVIS POLK & WARDWELL

2007 - 2009

Partner & Chair, Bank Regulatory, PAUL, HASTINGS, JANOFSKY & WALKER LLP

1990 - 2007

Partner & Chair, Financial Institutions Practice, ALSTON & BIRD LLP

1987 - 1990

General Counsel, FEDERAL DEPOSIT INSURANCE CORPORATION