Goldman Sachs Snares FDIC Dealmaker

NEW YORK (TheStreet) -- Joe Jiampietro, a longtime investment banker and corporate attorney who was one of the key dealmakers at the Federal Deposit Insurance Corp. during the crisis until he left last summer, has joined Goldman Sachs (GS) as a managing director in the unit that advises banks.

Prior to joining the FDIC in March 2009, Jiampietro worked as managing director at JPMorgan Chase (JPM), and, prior to that, UBS (UBS)

Jiampietro, who at Goldman will report to John Mahoney, co-head of North American depositories and specialty finance, also worked at the law firm Simpson Thacher & Bartlett, and was legal counsel to the Senate Banking Committee.

Jiampietro helped oversee more than $508 billion in asset sales while at the FDIC, according to an profile of him by The New York Times in April.

Jiampietro referred calls to a spokeswoman, who confirmed the hire but declined further comment.

-- Written by Dan Freed in New York.

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