It looks like a silly marginal tax increase on the personal incomes of the top 2 percent is the last thing the barons of Wall Street need to worry about. President Obama is sending a new sheriff into the regulatory fray.
Dealbook reports that Obama will nominate former U.S. Attorney Mary Jo White to head the Securities and Exchange Commission. Sending in White to the SEC is a little bit like calling the Wolf to drive home your blood-soaked vehicle. It’s a bold move for an agency that is often overwhelmed by the impressive lawyers marshaled on behalf of the financial industry in defense of their most complex transactions.
Unlike Elizabeth Warren (bless her heart), Mary Jo White is no academic, she’s a hard-nosed litigator. And she might be exactly what the SEC needs…
In our sexually repressed society, we just love it when “normal” people are exposed to have kinky sex lives. The bigger the disparity between the person’s “regular” daytime pursuits and their nighttime shenanigans, the better.
And while we know better here at Above the Law, the outside world tends to think “lawyer” is about as conservative a day job as possible. It’s a profession of discretion. So when the New York Post found a lawyer, a government lawyer no less, who reportedly gets paid to be a dominatrix on the side, it was going to be big news.
But come on, doesn’t “dominatrix” sound like relatively normal sexual activity for a securities lawyer working in the New York Attorney General’s office? This doesn’t sound like something she should be punished for.
Let she who is really satisfied by going home to five minutes of missionary before Leno cast the first stone….
I'm pretty sure this was the only child to die under suspicious circumstances in the past three years.
* Caylee’s Law would make it a felony for anybody to grieve for their child in any way that doesn’t involve law enforcement within the hour. I trust the libertarian crowd is going to help me point out how this is dumb. [WSJ Law Blog]
* Big time antitrust lawyer Christine A. Varney is leaving the Justice Department and heading to Cravath (perhaps as a replacement of sorts for Katherine Forrest). So it looks like there was some money left over after spring bonuses for Cravath to make a new hire. Phew. [Dealbook]
* Even judges in Flori-duh are allegedly bats**t crazy. [Obscure Store]
* In more reasonable news coming out of Florida, this reminds me of the “mock trial” club in high school. [Miami New Times]
* Courtesy of NALP, here’s more evidence that the class of 2010 is totally screwed. You know, I wish I could have the entire class over to my house for a big pity party. We could all hang out and play Rock Band, and at the end everybody could have a cup of my delicious homemade Kool-Aid. [NALP]
* Chicago law firm merger mania? I just hope nothing messes with the name “Wildman Harrold.” [ABA Journal]
Three years after the Client Number Nine scandal, those involved have moved on to bigger and better things. Well, depending on how you define “bigger and better”: Eliot Spitzer landed a gig at CNN, while his former call girl, Ashley Alexandra Dupré, now pens a sex column for the New York Post and was featured on the cover of Playboy. But some people who weren’t directly involved have had a harder time moving on, namely a woman named Amber Arpaio.
You may remember her name and perhaps even her driver’s license photo from this YouTube video released by “Girls Gone Wild.” At the height of the Client Number Nine media frenzy, Joe Francis offered Dupré one million dollars to do a “Girls Gone Wild” magazine shoot and promotional tour. He withdrew that offer when he serendipitously realized he already had footage of Dupré from earlier times in his archive. Dupré then sued him, saying she was only 17 at the time that footage was shot.
Francis responded by releasing a video of Dupré mugging for the camera in a towel, claiming to be 18, and saying her name was Amber Arpaio. The camera then lingers on Arpaio’s New Jersey license for about 30 seconds. The video was widely circulated on the Web, and led Dupré to drop her lawsuit — Francis and ‘Girls Gone Wild’ were triumphant!
Well, until Amber Arpaio filed her own lawsuit against Dupré and “Girls Gone Wild,” for defamation and invasion of privacy…
In April, we reported that Eliot Spitzer — former governor and attorney general of New York, until he resigned from office in the wake of a prostitution scandal — was applying for admission to the Harvard Club of New York. Spitzer graduated from Harvard Law School in 1984.
Well, the jury has reached a verdict for the ex-prosecutor — and the news for Spitzer is not good. His application was rejected earlier this year, according to an article by Sewell Chan and Nicholas Confessore of the New York Times.
So what did Spitzer, famously known as Client No. 9, have to say about his rejection?
There’s been an Eliot Spitzer outbreak; time to break out the topical cream.
If you follow cable news, you already know that there was a major prime-time shakeup yesterday. Campbell Brown, the CNN anchor for the 8:00 p.m. time slot, is out. Her resignation letter is one of the most candid things you’ll read from a media professional:
I’m pretty sure the last time any anchor could honestly ignore ratings was well before I was born. Of course I pay attention to ratings. And simply put, the ratings for my program are not where I would like them to be. It is largely for this reason that I am stepping down as anchor of CNN’s “Campbell Brown”…
The simple fact is that not enough people want to watch my program, and I owe it to myself and to CNN to get out of the way so that CNN can try something else.
The Washington Examiner is pushing the rumor that CNN’s “something else” will be Eliot Spitzer.
The former Sheriff of Wall Street, who went after big banks during his time as New York Attorney General, denies that he is up for the CNN job. But that man is up to something…
We’ve had plenty of unnamed sources insisting on the heterosexuality of Solicitor General and Supreme Court nominee Elena Kagan. The most notable was the anonymous administration official who told the Washington Post that Kagan isn’t gay, in response to an online column by conservative blogger Ben Domenech claiming otherwise.
But there have been other such sources. I previously mentioned one, a Clinton Administration official involved in vetting Kagan when she was nominated to the D.C. Circuit, who insisted to me that she’s straight. Marc Ambinder of The Atlantic cited “[p]eople who know Kagan very well” in reporting that she’s not gay.
Now we have an identified individual going on the record to say that the Divine Miss K enjoys the big D. From Politico:
Elena Kagan is not a lesbian, one of her best friends told POLITICO Tuesday night, responding to persistent rumors and innuendo about the Supreme Court nominee’s personal life.
“I’ve known her for most of her adult life and I know she’s straight,” said Sarah Walzer, Kagan’s roommate in law school and a close friend since then. “She dated men when we were in law school, we talked about men — who in our class was cute, who she would like to date, all of those things. She definitely dated when she was in D.C. after law school, when she was in Chicago – and she just didn’t find the right person.”
A denial that the likely 112th justice of the Supreme Court is a devotee of Sappho? This is just… so… ridiculous. But fun! God bless America.
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We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at email@example.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
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The last time I flapped my wings your way, I tried to make at least enough noise about your mobile phone to make you more than a little bit uncomfortable. I hope I did. If enough of us become anxious enough about the known and unknown unknowns and knowns in our mobile phones, then we can start making wise decisions about how to manage that information and its resultant investigations.
Today, I’d like to put a finer point on the last installment’s topic by asking a question that seemed to catch most attendees off-guard at a conference panel that I moderated last week: is there discoverable personal information in a mobile app? Our panelists’ answer was a uniform “yes” with one stating that, if he had to choose only one type of data that he could discover from a mobile phone, he’d choose app data. Why? Because there’s simply so much of it and because almost all of it is objective – not just user-created like an email – but machine-tracked like GPS, usage duration, log in and log out times, browsed web addresses, browsed actual addresses. Also, most of us seem to have the idea that data doesn’t actually “stick” to our mobile devices the way it “sticks” to our hard drives. Maybe there’s a disconnect based on the fact that our phones are mobile so we assume the data is mobile to?
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