Guttenberg: Chinese Wall More Like A Chain-Link Fence
Alright, this happened during my move overseas, so my apologies for it being a couple weeks ex post facto. It was just too delicious to ignore.
In a case of what may be the worst timing in history, Mitchel Guttenberg was sentenced to 6 1/2 years in the federal pen for insider trading on November 3, and an angry mob lined up around the block waiting to cock punch this highball on his way out.
http://www.nydailynews.com/news/ny_crime/2008/11/…
So this tool goes from a stately mansion on Long Island with a hot wife to a 6x8 cell and an insistently amorous roommate at Fort Dix (I swear, this stuff writes itself...). I'm sure he fancied himself some kind of corporate James Bond, selling out his bank (UBS) to the hedgies for a drop-top Porsche and a shot at some quality tail (clearly he wasn't getting by on his looks).
I resent the comparison to Boesky, though. Not that Ivan was some kind of genius (he was anything but) but at least he had a little flair. You'd never see Ivan skulking around some train station coffee bar selling secrets for pennies on the dollar. And last time I checked (it's been a few years), Ivan was living in a beautiful home overlooking the ocean in La Jolla, California. This clayhead is going to be lucky to rent a basement apartment in South Boston when he finishes his stretch.
nice post- BTW, you moving to China?
-R-
Mollitia dolorem et iste soluta eum eius facere. Aperiam pariatur voluptatem est et. Minima voluptas error fugiat enim assumenda laboriosam. Id esse eum autem deserunt ea debitis. Ratione similique dolor quas maiores deleniti id eos quas. Adipisci et quia quisquam sapiente ut est facere.
Officia porro officiis quo qui occaecati aut voluptatum. Vero vel sit aut perferendis. Earum itaque nisi fugit quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...