R. Penfield Starke

Deputy General Counsel, Resolutions

FDIC

Pen Starke is the Deputy General Counsel for the Resolution and Receivership Branch in the FDIC's Legal Division.  In 1996, Mr. Starke joined the FDIC Legal Division where he has spent nearly 30 years working on all aspects of FDIC receiverships and specializing in the treatment of qualified financial contracts in FDIC receiverships.  In 2010, he worked with congressional staff on the Orderly Liquidation Authority leading up to the passage of the Dodd-Frank Act.  After working in both the Thrift Crisis of the early 1990s and the Great Recession of 2008, Mr. Starke was the FDIC’s chief legal officer involved in the resolution of three regional banks with assets of over $100 Billion in 2023.