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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: R.E.B. who wrote (81352)12/21/1999 3:47:00 PM
From: R.E.B.  Read Replies (1) of 90042
 
Tuesday December 21 12:03 PM ET
Feds: CEO Gave Inside Tips to Porn Star
NEW YORK (Reuters) - A former chairman and chief executive officer of financial investment firm Keefe, Bruyette & Woods has been charged with insider trading for giving tips about potential bank mergers to a porno actress, according to court papers made public on Tuesday.

James McDermott Jr., the former CEO who now works at investment bank Allen & Co., was charged with securities fraud and perjury in Manhattan federal court for giving non-public information to Kathryn Gannon, also known as Marylin Star.

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Hey, Marylin Star used to post messages here, I think.
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