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Gary M. Brown
Baker, Donelson, Bearman, Caldwell & Berkowitz P.C.


Mr. Brown is the Chair of the Corporate Department of Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. and is located in Washington, DC. Mr. Brown's practice centers on advising public companies and their officers and directors on corporate governance, securities, mergers and acquisitions, and other compliance issues. He also frequently speaks and writes on areas including corporate governance and the reporting and disclosure obligations of public companies.
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2010: Ushering in an Era of Personal Responsibility?

by Gary M. Brown, Dec 31, 2009

I predict that we are perhaps entering an era of greater personal responsibility. Look at Judge Rakoff’s comments in the B of A/Merrill case; the recent ACL Regulation FD enforcement case or how Goldman Sachs “blinked” on bonuses. Whether you agree with it or not, President Obama’s excoriation of the Wall Street “fat cats” will resonate – not only with the public at large but with companies and their boards attempting to present a particular public persona.

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