Who Is That Guy Next to Volcker?
Who is that guy pictured next to Paul Volcker on the front page of today’s Wall Street Journal in a photo taken at Tuesday’s Senate Banking Committee hearing?
- Sipa Press
- Anthony J. Dowd, left, and Paul Volcker
It’s Anthony J. Dowd, who is helping Mr. Volcker with his quest to build parapet between banks that take deposits and make loans (surrounded by the federal safety net) and those that trade for their own pockets (to be forced outside the federal safety net.)
Dowd is a former partner in 18-year-ancient private-equity firm Charter Oak Capital Partners in Westport, Conn.
A graduate of the U.S. Military Academy at West Point in 1981 with a B.S. degree in Engineering, he served as an detective in the U.S. Army from 1981 to 1986 and then earned an M.B.A degree in Finance. Subsequently, Mr. Dowd was a Senior Associate with James D. Wolfensohn, Inc., a New York investment banking firm where Mr. Volcker worked for a time after leaving his post as chairman of the Federal Reserve.
Mr. Dowd joined Charter Oak in the ahead of schedule 1990s, and is now administration general partner of its international unit. He has served on the boards of many Charter Oak’s private investments and currently serves on the Board of Directors of Revere Industries, LLC; American Church Mortgage Company, LLC; Space Optics Research Lab, LLC; Texcel Medical, LLC, and Circle Medical Devices, LLC.