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Previously Friedman had moved between public service and private practice, clerking for U.S. Supreme Court Justice William J. Brennan, Jr., serving as deputy assistant secretary of the Treasury for capital markets policy and as a commissioner of the Securities and Exchange Commission; as a lawyer in the private sector he was a senior partner and Co-Chair of the Corporate Department of Debevoise & Plimpton as well as executive vice president and general counsel of both The Equitable Life Assurance Society of the United States and The E.F. Hutton Group.
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