Patricia A. McCoy has been a popular woman with the financial press of late. A University of Connecticut School of Law professor, McCoy teaches banking and securities regulation. But her résumé also includes time as a partner at Mayer, Brown, Rowe & Maw in Washington, D.C, and a two-year term on the Consumer Advisory Council of the Board of Governors of the Federal Reserve.

Senior Writer Thomas B. Scheffey spoke with her Sept. 16, just as federal regulators were engineering a $75 billion loan to the nation’s largest insurer, American International Group, and had allowed venerable securities banker Lehman Brothers to slip into bankruptcy.

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