This week’s crisis on Wall Street presented The Am Law Daily with the right moment to launch a new feature. And it meant that Sullivan & Cromwell chairman Rodgin Cohen – our first Dealmaker of the Week – had a few more rescues of prominent financial institutions to add to his already lengthy resume.
Our choice was easy. Cohen has been the man in demand by companies struggling to ride out the latest subprime-related rollercoaster roiling the capital markets. His work this past week alone includes advising Lehman Brothers on its limited options prior to filing for Chapter 11 bankruptcy protection on Monday and counseling AIG on its $85bn (£47.2bn) bailout by the Federal Reserve on Tuesday. The longtime Sullivan partner was on a roll even before these events unravelled last weekend – Cohen advised Fannie Mae on its seizure by the federal government on 7 September.
