MARY JO WHITE, THE SEC, AND THE REVOLVING DOOR
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TABLE OF CONTENTS
EXECUTIVE SUMMARY: MARY JO WHITE, THE SEC, AND THE REVOLVING DOOR
A
DEBEVOISE 3.0
1.
White Was Major Rainmaker At Debevoise 2.
Case Study: Siemens 3.
Chris Christie & Bristol-Myers
B
WHITE, DEBEVOISE, AND THE SEC: WHITE’S SUPPORTING ROLE IN THE PEQUOT CONTROVERSY
1.
Pequot Scandal Introduced 2.
Mary Jo White & the Pequot Affair 3.
Senate Report on the Pequot Affair 4.
White Made a Debevoise Partner of SEC Staffer Implicated in the Pequot Affair
C
WHITE’S IDEOLOGY
1.
Has White “Come To Believe Pretty Deeply” In The Worldview Of The Big Banks? 2.
Potential Example Of Captured Ideology: Favored Abolishing Corporate Criminal Liability 3.
White Has Frequently Worried About Anti-Corporate Law Enforcement “Frenzy” 4.
White Expressed Other Concerns About White Collar Criminal Enforcement, Including Whistleblowing
D
WHITE’S TIME AT SDNY: A FORMER PROSECUTOR’S COMPLICATED RELATIONSHIP TO WHITE COLLAR CRIMINAL ENFORCEMENT
1.
Salinas, Citibank—White’s Several Year Long Investigation Seemingly Obstructed Other Investigations, But Led To No Charges 2.
Baridis Case, Robert Morgenthau, and Questions Of Overlapping Jurisdiction and a Varying Approach to White Collar Crime 3.
Mary Jo White Maintained Rivalry With Morgenthau, Served as Campaign Chair for Opponent in Failed Effort to Unseat Him
E
MARY JO WHITE’S APPROACH TO HIRING AT DEBEVOISE & THE SEC
1.
White Values Her Own Revolving Door Experiences, and at Debevoise, Sought to Reward Former SEC Attorneys Who Had Not Been too “Aggressive” Toward Wall Street 2.
Chief Counsel Robert Rice, Deutsche Bank, and Whistleblower Protections 3.
Goldman Sachs' Andrew Donohue Now White’s New Revolving Door Chief of Staff 4.
Other White Hirings Further Ensnared the SEC in a Thicket of Interest Conflicts 5.
White Facilitated Michael Mukasey’s Revolving Door Moves Between Government and Wall Street
F
WHITE, THE SEC, AND THE RECUSAL DILEMMA
MARY JO WHITE, THE SEC, AND THE REVOLVING DOOR
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White’s Conflicts a “Minefield”
2.
Recusals May Have Been Necessary, Yet Also Undeniably Harmful 3.
Mary Jo White’s Husband a Partner at Elite Corporate Law Firm Cravath, Swaine & Moore, Many of Whose Clients Have a Distinct Interest in the SEC’s Work 4.
Debevoise Retirement Plan – A Conflict Ostensibly Addressed
G
CONCLUSION
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