Marjory Lou Babb
MARJORY LOU BABB was born in 1952 in Memphis, Texas. Though she lived in several Texas panhandle towns, she considers Amarillo her hometown. She graduated from Tascosa High School in 1970, attended Amarillo Community College and Louisiana State University, and earned a Bachelor of Science in 1973 and Masters of Education in 1975 from West Texas State University.
After teaching at a public school in Amarillo four years Ms. Babb enrolled in law school, and in 1980 she graduated summa cum laude from the University of Houston. Upon graduating she returned to Amarillo and took a job with an all-male law firm where she served as primary counsel to one of the largest independent banks in the state of Texas. In 1984 she left Amarillo to join a national law firm in Dallas, Texas. She became a partner in 1987 and was the first woman elected to serve on the firm’s board of directors.
In 1997 Ms. Babb closed her private law practice and joined a multi-state financial services company as regional general counsel, in 2007 she accepted a position as general counsel and executive vice president for a privately owned wholesale bank in Dallas, and in 2009 she served as counsel for the Federal Deposit Insurance Corporation while it liquidated the loan and real estate assets of banks closed during the recent Great Recession.
Ms. Babb left the legal profession in 2013 and became a writer. She published Penny Candy: The Culture of Corporate Theft in 2015 and the storybook collection, If You Lived You Learned, in 2017.