President Obama has made an excellent choice to head the SEC — Mary Jo White.
She is a former federal prosecutor who was the first woman to head the U. S. Attorney’s Office in Manhattan, a really coveted and prestigious job. Outside of government, she has been a defense lawyer for white-collar criminals, so she knows how their schemes are structured and disguised.
Very smart, very tough, very dedicated.
The buzz is that Obama chose a woman, given that he’s been getting heat for so many male appointments, but to me the important thing is that he picked someone who is really sharp and capable. My first thought on seeing the news wasn’t “Oh, great, he picked a woman,” but “Oh, great, she’s going to kick some Wall Street ass.”