Washington Mutual announced this morning that it has retained the services Michael Solender, former general counsel of Bear Stearns, as its chief legal officer, reporting to (for now) CEO Kerry Killinger. The work probably won’t be as challenging without the many frequent interruptions throughout the day with queries such as, “Tell me again, what is the exact amount of pot I can have on me without it being hideously construed as an intent to distribute? I keep forgetting. And also, what’s the deal with state lines? ‘Cause I’m heading to Detroit,” but at least it’s work.
Washington Mutal Names Legal Chief [MarketWatch]
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I would love to have access to Michael Solender’s brain. That man must have been through so many insider trading cases, sexual harassment cases, and dissatisfield investor cases that if he had no ethics he could write a blazing best-seller.
Better for a lawyer in the long run to keep his secrets. I just wish we could roast marshmallows together and develop a bond of trust so that HE COULD TELL ME EVERYTHING. I know, a paragon of respectability and lawyerly sobriety is not going to do it. It’s just my little fantasy.
Carney, is that you @12:06?
–Calgary Schmooze