Star Witness Is Questioned In Bank Case
Article Abstract:
Former Credit Suisse First Boston investment banker Frank P. Quattrone's attorney, John Keker, attacked the professional standards of former bank general counsel and prosecution witness David Brodsky when Brodsky failed in e-mail communications with Quattrone to inform him that his division was part of an SEC investigation into stock offerings. Despite Brodsky's credibility as a witness, he had few answers for his indirect role in Quattrone's support for another executive's instructions to clear e-mail documents and communications. Keker tried to establish that if Quattrone had known fully about the investigation, he would not have let his staff destroy relevant bank documents.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
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Testimony Ends In the Trial Of Ex-Banker
Article Abstract:
Credit Suisse First Boston investment banker Frank Quattrone denied he understood that instructing his employees to clear out e-mail records would interfere with an investigation into CSFB's illegal stock trading practices. He provided his version of the evidence on the 10th day of his obstruction of justice trial in Boston. Quattrone maintained that he did not know that the grand jury subpoena for records applied to his investment section. He merely followed a fellow executive's recommendation to have employees clear e-mail documents as part of routine file maintenance.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
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HUNG JURY ENDS TRIAL OF BANKER
Article Abstract:
The jury in the obstruction of justice trial against Credit Suisse First Boston investment banker Frank P. Quattrone could not reach a decision for or against him. After six days of deliberations, Judge Richard Owen declared a mistrial in Manhattan's Federal District Court. Prosecu tors have to decide if they will retry the case. Now Quattrone faces an SEC investigation into questions about CSFB's a lleged practice of making investors pay kickbacks for access to hot stock trades.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
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