Gary Lynch
Encyclopedia
Gary G. Lynch is an American attorney and the former chief legal officer
for the New York
investment bank
Morgan Stanley
. He was formerly Vice Chairman of the Firm, resident in its London Office.
In April, 2011, Bank of America named him global chief of legal, compliance and regulatory relations, a new position created at BoA to deal with its on-going mortgage woes arising from its acquisition of Countrywide Financial, the subprime lender it acquired in 2008, once the nation's largest mortgage lender. http://dealbook.nytimes.com/2011/04/15/mortgage-woes-stall-bank-of-americas-revival/?ref=todayspaper
Lynch graduated Phi Beta Kappa from Syracuse University
in 1972 and received his J.D.
degree from Duke University School of Law
in 1975. From 1985 to 1989, Lynch served as Chief of the Enforcement Division of the Securities & Exchange Commission. While there he brought cases, and obtained settlements, against Dennis Levine
, Ivan Boesky
and Michael Milken
. In 1989 he negotiated a $650 million dollar settlement with Drexel Burnham Lambert
which was, at that time, the largest fine under securities laws.
In 1989, Lynch joined the law firm of Davis Polk & Wardwell
as a partner. He represented clients on SEC issues, including defending them on enforcement matters. While at Davis Polk, he often was brought in by companies to conduct independent investigations into possible wrongdoings.
Lynch joined Credit Suisse First Boston
as Global General Counsel in October 2001 and later became Vice Chairman. At Credit Suisse Lynch worked to restore the company's legal reputation by reaching agreements with regulators. In October 2005 Lynch was hired at Morgan Stanley by their then CEO
John J. Mack
, whom he had previously worked for at Credit Suisse.
Chief Legal Officer
A chief legal officer is the highest-ranking corporate officer concerning legal affairs of a corporation or agency. Chief legal officers typically hold the title of general counsel.- Skill requirements :...
for the New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
investment bank
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
Morgan Stanley
Morgan Stanley
Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
. He was formerly Vice Chairman of the Firm, resident in its London Office.
In April, 2011, Bank of America named him global chief of legal, compliance and regulatory relations, a new position created at BoA to deal with its on-going mortgage woes arising from its acquisition of Countrywide Financial, the subprime lender it acquired in 2008, once the nation's largest mortgage lender. http://dealbook.nytimes.com/2011/04/15/mortgage-woes-stall-bank-of-americas-revival/?ref=todayspaper
Lynch graduated Phi Beta Kappa from Syracuse University
Syracuse University
Syracuse University is a private research university located in Syracuse, New York, United States. Its roots can be traced back to Genesee Wesleyan Seminary, founded by the Methodist Episcopal Church in 1832, which also later founded Genesee College...
in 1972 and received his J.D.
Juris Doctor
Juris Doctor is a professional doctorate and first professional graduate degree in law.The degree was first awarded by Harvard University in the United States in the late 19th century and was created as a modern version of the old European doctor of law degree Juris Doctor (see etymology and...
degree from Duke University School of Law
Duke University School of Law
The Duke University School of Law is the law school and a constituent academic unit of Duke University, Durham, North Carolina, United States. One of Duke's 10 schools and colleges, the School of Law began as the Trinity College School of Law in 1868. In 1924, following the renaming of Trinity...
in 1975. From 1985 to 1989, Lynch served as Chief of the Enforcement Division of the Securities & Exchange Commission. While there he brought cases, and obtained settlements, against Dennis Levine
Dennis Levine
Dennis B. Levine was a prominent player in merger and acquisition business and the Wall Street insider trading scandals of the mid-1980s...
, Ivan Boesky
Ivan Boesky
Ivan Frederick Boesky is an American stock trader who is notable for his prominent role in a Wall Street insider trading scandal that occurred in the United States in the mid-1980s.-Life and career:...
and Michael Milken
Michael Milken
Michael Robert Milken is an American business magnate, financier, and philanthropist noted for his role in the development of the market for high-yield bonds during the 1970s and 1980s, for his 1990 guilty plea to felony charges for violating US securities laws, and for his funding of medical...
. In 1989 he negotiated a $650 million dollar settlement with Drexel Burnham Lambert
Drexel Burnham Lambert
Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. At its height, it was the...
which was, at that time, the largest fine under securities laws.
In 1989, Lynch joined the law firm of Davis Polk & Wardwell
Davis Polk & Wardwell
Davis Polk & Wardwell LLP is an international law firm. The firm employs more than 800 attorneys worldwide and is headquartered in New York City. The firm represents many of the world's largest companies and leading financial institutions, and is best known for its corporate and litigation...
as a partner. He represented clients on SEC issues, including defending them on enforcement matters. While at Davis Polk, he often was brought in by companies to conduct independent investigations into possible wrongdoings.
Lynch joined Credit Suisse First Boston
Credit Suisse First Boston
Credit Suisse First Boston was the former name of the banking firm Credit Suisse.-History:In 1978, Credit Suisse and First Boston Corporation formed a London-based 50-50 investment banking joint venture called the Financière Crédit Suisse-First Boston...
as Global General Counsel in October 2001 and later became Vice Chairman. At Credit Suisse Lynch worked to restore the company's legal reputation by reaching agreements with regulators. In October 2005 Lynch was hired at Morgan Stanley by their then CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
John J. Mack
John J. Mack
John J. Mack is the current Chairman of the Board at Morgan Stanley, the New York-based investment bank and brokerage firm. Mack announced his retirement as Chief Executive Officer on September 10, 2009, which was effective January 1, 2010. Former Co-President James P...
, whom he had previously worked for at Credit Suisse.
Further reading
- Biography Index. A cumulative index to biographical material in books and magazines. Volume 14: September, 1984-August, 1986. New York: H.W. Wilson Co., 1986. (BioIn 14)
- Biography Index. A cumulative index to biographical material in books and magazines. Volume 15: September, 1986-August, 1988. New York: H.W. Wilson Co., 1988. (BioIn 15)
- Biography Index. A cumulative index to biographical material in books and magazines. Volume 28: September, 2002-August, 2003. New York: H.W. Wilson Co., 2003. (BioIn 28)
- The New York Times Biographical Service. A compilation of current biographical information of general interest. Volume 16, Numbers 1- 12. Ann Arbor, MI: University Microfilms International, 1985. Use the annual Index to locate biographies. (NewYTBS 16) Biography contains portrait.