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Judge Sotomayor's Peer

By catdynamics on May 29, 2009.

There has been a lot of blogospheric buzz about the nomination by President Obama of Judge Sotomayor to the Supreme Court.

Her opponents, of course, try to find something about her they can attack, and there have been gratuitous and poorly sourced attacks on her temperament, intelligence and even financial sense.

A major indicator of Judge Sotomayor's intellectual abilities are that she was the co-recipient of the M. Taylor Pyne Prize for the class of '76 at Princeton.
The Pyne Prize is the top academic prize awarded to Princeton undergraduates, and is undeniably a sign of major scholastic achievement, associated intelligence and capability to work hard and diligently.

But, what about her co-recipient?

Who is J. David Germany, AB (Econ), Princeton class of '76?

Well, Mr. Germany did well for himself: did a PhD in economic at MIT, was on the Council of Economic Advisers, on the Board of Governors of the Federal Reserve, assistant professor at Princeton.

His thesis was: "UNANTICIPATED MONEY GROWTH, INVENTORIES, AND THE BUSINESS CYCLE", supervisor Stanley Fischer, former vicechairman of Citigroup.

Then, he joined Morgan Stanley Investments.
Ended up as Chief Investment Officer for the Fixed Income division.
Quit in the summer of '08, and moved to Evergreen Investments as Chief Investment Officer there.
Evergreen Investments is a top 30 investment group, in the US, with $164 billion under management.

Evergreen Investments was the investment unit of Wachovia Bank.
Wachovia Bank went under at the end of 2008 and got forcibly taken over by Wells Fargo Bank.
Where Dr Germany is now Chief Fixed Income Officer

This is Judge Sotomayor's peer.
Brilliant distinguished career.
Classic Ivy League high flyer.

All of a sudden I don't feel quite so comfortable.

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By Eric Lund (not verified) on 29 May 2009 #permalink

On the other hand Sotomayor's lack of personal wealth suggests she may be incorruptable.
Her assets and savings seem consistent with her salary, family circumstances and high cost of living environment.