Now comes news that Craig has been hired by Goldman Sachs to assist in political and legal matters. As you've probably heard, Goldman Sachs is currently facing SEC charges of securities fraud. According to a source familiar with the situation, Craig "is clearly an attorney of eminence and has a deep understanding of the legal process and the world of Washington. And those are important worlds for everybody in finance right now."
Given Craig's nickname--the "lawyer of the Left"--I'd say his connections within the Democratic Party and the Obama White House are valuable assets to Goldman Sachs at this point.