Who is Timothy Massad?
He cooks, he’s quiet, he’s confident, and he will cope with everything Wall Street throws at him. That is the picture painted by former colleagues – and adversaries – of the US Treasury Department’s Timothy Massad, probable new chairman at the Commodity Futures Trading Commission. By Tom Osborn
Timothy Massad looks a lot like the man he has been nominated to replace as chairman of the Commodity Futures Trading Commission (CFTC), Gary Gensler. Dealers hope the resemblance ends there, but they have not had much to go on: the most common question following his nomination was, "Tim who?"
The picture that emerges from the conversations Risk had with three former colleagues of Massad's at white shoe law firm Cravath, Swaine & Moore, where he spent 25 years as a corporate lawyer – as well as
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