Ex-U.S. Attorney Mary Jo White Eyed For Top SEC Post - Source

[Hissyspit]

Last edited Thu Jan 24, 2013, 10:25 AM - Edit history (3)

Source: Reuters

Ex-U.S. Attorney White eyed for top SEC post-source

WASHINGTON | Sun Jan 20, 2013 2:39pm EST

By Sarah N. Lynch

WASHINGTON, Jan 20 (Reuters) - Mary Jo White, the former U.S. attorney for the Southern District of New York, is being considered as a candidate to head up the U.S. Securities and Exchange Commission, a source familiar with the matter has confirmed.

If she were selected, White would become the third-ever female chairman of the SEC and replace current Chairman Elisse Walter, a commissioner who took over as chairman in December after Mary Schapiro stepped down.

The source, who declined to be named, did not provide any additional details because the deliberations over the SEC chairman candidacy are not public. Bloomberg first reported last week that White was among those in the running.

White did not immediately respond to an e-mail requesting a comment. A White House spokeswoman declined to comment.

Read more: http://www.reuters.com/article/idUSL1N0AP2FH20130120

[iandhr]

1. I don't know anything about her.

[Bluenorthwest]

2. She's a currently working attorney, a former United States Attorney...

She is currently at Debevoise and Plimpton as chair of litigation.

[Ken Burch]

3. The headline should be "Former U.S. Attorney", not "Former Attorney"

There's a significant difference in those two descriptions.

[onenote]

4. Yep. The actual Reuters headline has it right

http://www.reuters.com/article/2013/01/20/sec-white-idUSL1N0AP2FH20130120

[OKNancy]

5. Please edit and add a news story

It's been 20 minutes.... need a link and a story, or I will have to lock.

[SDjack]

6. She has to be Wall Street's worst nightmare. Good choice, but I

wish she would become USAG and Elloit Spitzer would head SEC.

[Bluenorthwest]

7. Why is that? She is head of litigation at a firm with the following clients:

AIG, American Airlines, American Express, AXA, BNP Paribas, The Carlyle Group, Clayton, Dubilier & Rice, The Coca-Cola Company, CNN, Delta Air Lines, Deutsche Bank, Gap, Goldman Sachs, Hasbro, International Paper, JPMorgan Chase, Kelso & Company, MetLife, National Football League, National Hockey League, NBC, The New York Times Company, Providence Equity Partners, Prudential Financial, Polyus Gold, Siemens, Shell Oil Company, SONY, Universal Music Group, Verizon, Yahoo!.

[SDjack]

9. She will recuse herself and turn the cases over to energetic subordinates. nt

[formercia]

8. Say what?

"If she is ultimately tapped by the White House, however, it is unclear how some of the more liberal U.S. senators might react given the fact White has been so heavily involved in defending big banks for their roles in the financial crisis.

Last year, White represented JPMorgan Chase & Co in its portion of the $25 billion multibank settlement reached to resolve allegations of mortgage servicing abuses.

She also represented former Bank of America Corp CEO Ken Lewis over a civil lawsuit in connection with Bank of America's acquisition of Merrill Lynch."

[Spirochete]

10. Is she related to

Tony Joe White?