Guest Post: Meet Mary Jo White: The Next SEC Chief And A Guaranteed Wall Street Patsy
Submitted by Michael Krieger of Liberty Blitzkrieg blog,
Obama’s nominee to head the SEC, Mary Jo White, is just another gatekeeper appointed to make sure no one ever goes after the Wall Street crime syndicate. As I have written about many times in the past, Obama does not nominate anyone to a high position of power in government who will not behave like a good little lapdog for Wall Street.
Despite Obama’s propagandist statement about how “you don’t want to mess with Mary Jo,” her background implies she will function as a useful servant to the financial oligarchs. Forget for a second about that fact at her recent firm Debevoise & Plimpton LLP her clients included the usual suspects such as such as JPMorgan Chase & Co. (JPM), Morgan Stanley (MS), and UBS AG, but she is actually known as the prosecutor who popularized the “slap Wall Street on the wrist” approach. From Bloomberg:
As Manhattan’s top federal prosecutor during the 1990s, Mary Jo White could have sought the corporate equivalent of the death penalty: indicting Prudential Securities Inc. for fraudulently marketing $8 billion in ruinous energy partnerships to small investors.
Instead, Prudential’s attorneys pressed White, who had earned notice as an aggressive litigator in terrorism and organized crime cases, to consider something less punitive. She ultimately accepted, agreeing to a $330 million fine and placing Prudential on probation, allowing it to avoid criminal charges.
White’s record on white-collar cases reveals a more practical streak. Her invention of corporate probation, or deferred prosecution, in the Prudential matter was later copied by scores of U.S. attorneys seeking punishment for a company without going to trial.
“Practical” means having no balls and laying down to Wall Street crimes.
Since stepping down as U.S. Attorney for the Southern District of New York in 2002 and returning to practice as a Wall Street defense lawyer, White, 65, has spoken out against what she called a “feeding frenzy” of enforcement after financial scandals.
“Feeding frenzy” means protecting the public from the Wall Street crime syndicate.
At Debevoise, which counts former Attorney General Michael Mukasey as a partner, her clients have included Wall Street banks such as JPMorgan Chase & Co. (JPM), Morgan Stanley (MS), and UBS AG. She also represented former Bank of America Corp. Chief Executive Officer Ken Lewis during an SEC probe of bonuses paid to Merrill Lynch & Co.’s executives before Bank of America bought the brokerage.
There you have it folks. Any questions?
Full article here.
(14 votes)
- advertisements -
»
- 8032 reads
- Printer-friendly version
- Send to friend
Similar Articles You Might Enjoy:
- Guest Post: Bank of America - How Much Should Bond Holders Be Haircut To Restore Solvency?
- Judge Rakoff Rejects Merrill-BofA/SEC Settlement, February 1st Trial Date Set
- Judge Rakoff Set To Expose Every Detail Of Wall Street's Usage Of The SEC As A Bidet
- Wall Street Back To Its Criminal Ways?
- Wall Street Back To Its Criminal Ways?
http://www.theglobeandmail.com/news/politics/tea-party-godfather-ron-paul-gives-some-small-government-advice-to-canada/article9254905/comments/?ord=0
huge hit piece on Ron Paul in the globe and mail....when will they understand he is not tea party nore anywhere close to the godfather of it..
when will they understand he is not...
They don't care. Their job is to tear apart anything that questions the legitimacy of the rulers.
That's what the intelligentsia are paid for!
Can’t they get somebody with balls in that position?
Can’t they get somebody with balls in that position?
In the public intelligentsia? Sadly, no, they are routinely expelled.
Judge Napolitano got further than any other, but even he was ejected soon enough.
Same old. Same old.
It just doesn't matter.
New head of SEC: (insert name here)__________________________
'And the wheel goes round and round...
Mary Jo White was one of Bill Clinton's first nominations. 20 increasingly corrupt years later, here we are.
White grew up in McLean, Virginia. At the time, the priciest of the the DC Burbs, the one that made all the Socialites and Trophy Twats go wobbly in the knees. Spoiled lefty idiot. New School - acting and gay rats - and Columbia Law.
Different day, same old shit.
I thought the interview itself was far from a "hit piece". Your link, however, points to the comments section -- which reminded me why I no longer live in Canada.
Obviously the Globe & Mail's commenters are a self-selected bunch (just like ZH); and the G&M is on the socialist side even by Canadian standards. (You'd have had different results in the National Post.) But if Ron Paul's libertarian ideas seem extreme to many Americans, to almost all Canadians they're completely inconceivable.
Stupid has no national borders. Shit, I cannot have a conversation with 90% of Amerikans without accidently tripping some Pavlovian tripwire that immediately expectorates some canned response defending their side of the paradigm.
pods
Most have bee relagated to a "Sports Team" Mentality, sadly. You CHOOSE a Team, and defend them no matter how F'ed up they get as you feel connected to them and thier success. Hence why I am of the Opinion that there is NO WAY out of this mees without some kind of conflict at this point and that is the mian point of contention for most ~ The acceptance that we are going to have to FIGHT on some level sooner rather then later "If" we are ever to be free!!! But YMMV
Have a Nice Day :)
MJ i think ill call 'er. LOL @ title. Meet Mary Jo White: The Next SEC Chief And A Guaranteed Wall Street Patsy
Surely she's given thousands of bj's in her career. Figuratively and literally. (Unless of course she's in deep with the lesbian mofia.)
I give her credit. She has made quite a name for herself after getting shot in the face by that lolita chick.
Hope she at least dumped Joey.
pods
I took Joe Biden's advice.... I bought my wife a new semi-auto assault shotgun last night. Except it comes with a barrier breach on the end of the barrel so she doesn't have to shoot through doors.
Might need a couple of cases of buck shot..., for those weely waskaly wabbits.
Seriously? Are you serious? C'mon Tyler. Your making this shit up now. Right?
Can't we at least get some eye candy
Indeed, though that appears to be intentional. Think of it as the Janet Reno move, nominate a "tough on the eyes" lady to the post, to make it seem like your tough on (fill in the blank).
Mary Jo White=Linda Green
hang that fucking winch...
The End....
Would that be a wench who's wound up tight?
despite the mispelling i do believe the the sentiment was ascertainable....
fuck spelling....
What do you get when you cross a witch and a wench?
A wicked fuck.
Regulatory capture bitchez. Now what are you sheep going to do about it?
This country grows more fascist by the day.
This country grows more fascist by the day.
And yet, the hidden "good guys" still don't show up.
Hope isn't just a Blue Party thing.
And yet, the hidden "good guys" still don't show up.
What do you mean Good Guy's like the mythos of there are Good Cops??? ROFLMAO
There are no Good GUys anywhere in the "Power Structure" time for folks to accept that FACT, just Criminals with a better [READ: More beLIEvable] line of Bullshit, like the whole Ron Paul Clap Trap.
Its time for the next Evolution, and not the next Revolution, recognize the difference
Now what are you sheep going to do about it?
Well, the sheep will complain, LoP! Oh, maybe you meant DO as in something meaningful?
Sheep complain, but they never, ever act. That's what makes them sheep.
post angry comments and then go drink heavily
As opposed to drink heavily and then post angry comment.
Mary Jo and robots. Millions of jobs are eliminated each year throughout the world due to automation and robots. Central Bank stimulus attempt to partially offset the job losses and tax revenue to keep the social peace. Mary Jo, Ben, Jamie are in a sense just role playing dictated by robots. It not will continue but accelerate.
Jamie Dimon has an exit strategy when the Dollar gets devalued over night sometime in the next two years, he will have his own personal island to which to retreat. Do you have your exit strategy? DHS has a strategy that involves 2 billion in hollow point bullets. Do you have a strategy?
Yes
But it involves maintaining a heart rate at180 bpm over rough terrain in the dark
Not long gas cans
Like Double Secret Probation??? Jeeze you can't make up stupider stuff.
Now she can write off knee pads as a business expense.
She looks like more of an enforcer type to me, so I'd say a strap-on is a lot more likely.
Maybe she gets Hitlery's leftovers on the cheap?
MEMO to XXXX XX XXXXX,
XXXXXX Security Chief XXXXX- Primary responsibilities being to yellow-tape the crime scene XXX XXXX XXXXXXX preserve the evidence so that authorities with XXXXXXXXXXX tools and instruments can extend the examination procedures XXXXX XXXX XXXXXXXXXXXXXXXXXXXXXXXXX through a series of checks, balances, channels, and processeeeees XXXX XXXXX.
This will dilute the intensity of the mob over time XXXX XXX XXXXXXXXX XXX National Security risks... As excessive XXXXX XXXXXXX could disturb markets.
Best,
The Machine
I didn't come her to bailout fatcat Wall st. bankers!
Barry Hussein Obama
Mary Jo White was appointed US Attorney for New York by Bill Clinton and was left in that position by Bush to investigate Clinton's pardon of Marc Rich. White continued to 'investigate' the Rich Pardon until 9/11 made it un-newsworthy. She's definitely a 'team player'.
good ole marc rich... where does gary best play into this?
Patsy cake, patsy cake, banksters whore.
Let the fraud slide or you're out the door;
Print it, steal it, rehypothecate it all;
Insure that your masters never take the fall.
Bravo!
Never thought I'd live to see "rehypotheticate" appear in a nursery rhyme.
You see ... crime pays until you end up in the slammer
Animal spirits and CONfidence
I wouldn't piss on her if she were on fire and I could aim ... which I can't
thats ok angie i can give her a spring river of piss, but i would still let her burn
You see ... crime pays until you end up in the slammer
It ain't illegal 'til ya get caught." -Tickle, Moonshiner
Puppets to the left of me jokers to the left, err I mean right, errm.
She and Napolitano in the same room is just too much for me to imagine.
wasn't she born a man?
http://www.usnews.com/dbimages/master/37717/FE_DA_0131_Mary_Jo_White.jpg
The camera lens shattered right after that photo was taken.
Hey I think I went to high school with that dude!
Comb her hair back and she'd look just like Mao.