FDIC’s general counsel resigns

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Michael Bradfield, the general counsel of the Federal Deposit Insurance Corporation (FDIC), has announced he will resign as head of the federal agency's legal division, the FDIC said Friday.

Bradfield is the second major figure to leave the FDIC in a week, after Joseph Jiampietro, the senior adviser on markets to the chair, decided to quit on Wednesday. Bradfield's departure comes less than 15 months after he joined the FDIC from Jones Day, an international law firm, in May 2009.

As the chief

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