Richard G. Clemens             

Mr. Clemens is a retired senior partner of the law firm Sidley Austin LLP. His areas of practice included representing banks, savings banks, insurance companies, brokers, investment banks and other financial institutions, and providing advice concerning financial regulatory issues. He has extensive experience in financial institution transactions, including securities offerings, bank financing, mergers and acquisitions, reorganizations, and project financing.

Mr. Clemens is also a writer and editor, serving for many years as Editor of the quarterly newsletter Bowne Insurance and Financial Services Report, which focused on financial developments in the insurance and financial services industries. Mr. Clemens' forthcoming book, "Rescuing America: The Bipartisan Path," addresses the escalating fiscal problems facing the federal government caused by growing entitlement spending on Social Security, Medicare, Medicaid and other fiscal problems including the cost of defense spending, trade policy, tax and fiscal policy and the national debt. The book discusses possible bipartisan approaches, such as the use of bipartisan commissions, to solve these problems.

Mr. Clemens has contributed to COFFI's research on U.S. Department of Energy credit programs and housing credit programs of the Department of Housing and Urban Development.

Mr. Clemens first joined Sidley Austin in 1965, where he became Partner in 1973. He graduated Phi Beta Kappa from the University of Virginia in 1962, received his J.D. at the University of Virginia School of Law in 1965 where he served as an editor on the Virginia Law Review and was elected a member of the Order of the Coif. He is a member of the American Bar Association, the Chicago Bar Association, and various civic organizations. He is a past Chair of the International and Foreign Law Committee of the Chicago Bar Association and currently is a member of the Chicago Bar Association's Financial Institutions and Insurance Committees.