Tag Archives: Robert Khuzami

this pressed for your right to know: The Big Bank Backlash Begins – ProPublica


From left: Robert Khuzami, Obama’s first enforcement director; Linda Chatman Thomsen, who served at the George W. Bush-era S.E.C.; and George Canellos, who just left the Obama S.E.C. (Andrew Harrer/Bloomberg via Getty Images, Chip Somodevilla/Getty Images, Brendan McDermid/Reuters /Landov)

From left: Robert Khuzami, Obama’s first enforcement director; Linda Chatman Thomsen, who served at the George W. Bush-era S.E.C.; and George Canellos, who just left the Obama S.E.C. (Andrew Harrer/Bloomberg via Getty Images, Chip Somodevilla/Getty Images, Brendan McDermid/Reuters /Landov)

Excerpts:  “Last week, I visited an alternate universe. The real world sees a pandemic of bank misconduct, but to the white-collar defense lawyers of Washington, the banks are the victims as they bow beneath the weight of regulators’ remarkably harsh punishments.

I was attending the Securities Enforcement Forum, a gathering of top regulators and white-collar defense worthies. The marquee section was a panel that included Andrew Ceresney, the current S.E.C. enforcement director, and five of his predecessors. Four of those former S.E.C. officials represent corporations at prominent white-collar law firms: Robert S. Khuzami, President Obama’s first enforcement director who now plies his trade at Kirkland & Ellis; Linda Chatman Thomsen, who served at the George W. Bush-era S.E.C. and now works for Davis Polk & Wardwell; William R. McLucas, the longest-serving agency enforcement director who is now at WilmerHale; and George S. Canellos, who just left the Obama S.E.C. to work for Milbank Tweed. (The well-known Stanley Sporkin, who served in the agency in the 1970s, rounded the panel out.)”

via The Big Bank Backlash Begins – ProPublica.