David Siegal to Wall Street Journal: Unprecedented Success for SDNY Alumni

02/12/2010

SDNY Prosecutors, Alumni Sitting Preet-ty
Wall Steet Journal

It’s a good time to be a prosecutor at the U.S. attorney’s office for the Southern District of New York, and it’s an even better time to be an alumnus of the “Sovereign District,” as the office is nicknamed. At least some of the credit goes to the top prosecutor in that office, Preet Bharara.
 
First of all, current SDNY prosecutors are busy with several high-profile white-collar cases, including Madoff, Galleon, Nemazee and Portillo, among many others. And earlier this week, in what is considered big news in Gotham, the office’s work led to the indictment of New York City Councilman Larry B. Seabrook on public corruptionrelated charges, to which he pleaded not guilty. They’re also working on some coolsounding probes, like this one.

But it’s the recent promotions of SDNY prosecutors to higher corridors of legal power — from judgeships to executive positions at other agencies — that has the alumni and other white-collar attorneys buzzing.

“The recent wave of Southern District prosecutors moving into high positions in government seems unprecedented,” says David Siegal of Haynes and Boone LLP, who left SDNY last year. “Even the alumni, who are accustomed to watching some of their former colleagues ascend, are impressed with the current numbers,” he says.

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