MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
I was shocked when I heard that Mary Jo White, a former U.S. Attorney and a partner for the white-shoe Wall Street defense firm Debevoise and Plimpton, had been named the new head of the SEC.
I thought to myself: Couldn't they have found someone who wasn't a key figure in one of the most notorious scandals to hit the SEC in the past two decades? And couldn't they have found someone who isn't a perfect symbol of the revolving-door culture under which regulators go soft on suspected Wall Street criminals, knowing they have million-dollar jobs waiting for them at hotshot defense firms as long as they play nice with the banks while still in office?
Comments
By now, you’ve probably heard the yarn about a young and pint-size Mary Jo White challenging a boastful male colleague to a tennis match, riding up to the court on a red motorcycle, and proceeding to beat the braggart. If you haven’t, take a glance at some of the laudatory pieces about President Obama’s decision to nominate White, a veteran prosecutor and corporate lawyer, to head the Securities and Exchange Commission: the story features in more than one of them.
Read more: http://www.newyorker.com/online/blogs/johncassidy/2013/01/send-mary-jo-white-to-justice-not-the-sec.html#ixzz2J76di8ny
by A Guy Called LULU on Sat, 01/26/2013 - 3:01pm