Wendeen reconnects with Mary Jo White, SEC Chair, at WFNY breakfast, asking how she balances expansion of corporate accountability with tradition of allowing corporations to agree to high financial penalties while refusing to admit to wrongdoing.
Breakfast was lively, Mary Jo kept us on our toes; discussing her responsibilities and authority with a dollop of humor and heaping respect for communication that is down to earth. I recalled our lunch date as she was building her portfolio while at Debevoise (including a client we recommended). WFNY can only hope to see Mary Jo return to the fold of the Forum at such time as she may decide to return to the private sector.