Former SEC Chair Jay Clayton Will Become Apollo’s “Lead Independent Director”
As if the establishment ignoring Janet Yellen’s clear ties to Citadel wasn’t enough to help you lose faith in the Wall Street swamp this year, we’ll do you one better. Former SEC Chair Jay Clayton has officially been hired by Apollo Global Management, just weeks after stepping down as SEC chair.
Apollo is, of course, the firm whose CEO, Leon Black, was found to have paid child sex offender Jeffrey Epstein $158 million.
David N. Kelley is an American attorney and a former interim United States Attorney and Deputy U.S. Attorney for the Southern District of New York (SDNY). He was also a co-chair of the United States Justice Department’s nationwide investigation into the September 11 attacks. Kelley was raised in East Hampton, New York, and has lived in the New York metropolitan area for most of his life. He earned his undergraduate degree from The College of William & Mary and his J.D. degree in 1986 from New York Law School. Kelley was a policeman and a fireman while attending law school. After leaving the U.S. Attorney’s office in 2005, Kelley joined Wall Street law firm Cahill Gordon & Reindel as a partner in its litigation and corporate investigations practice. He is currently a partner and co-leader in the White Collar and Securities Litigation practice group at Dechert.