Larry Thompson - Corporate Career

Corporate Career

Thompson worked as an industrial relations representative for Ford Motor Company during law school. After graduation he worked at an attorney for Monsanto Company in St. Louis until 1977. That year he joined the law firm of King & Spalding in Atlanta, Georgia. He left the firm in 1982 for four years as U.S. attorney for the northern District of Georgia; however, he returned and was made a partner in 1986. He left King & Spalding in 2001 to return to the Justice Department as Deputy Attorney General.

Thompson was a director of the Providian Financial Corporation, during the time when Providian paid over $400 million to settle charges of consumer and securities fraud. Thompson made $4.7 million dollars in the sale of Providian stock prior to the allegations. In 2002, Judicial Watch filed suit against Thompson for allegedly artificially inflating the stock price in order to illegally increase his earnings in the sale of stock. Thompson has denied any wrongdoing.

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