Wall Street Wife Wants Way More Than $20 Million From CEO Husband

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This is a dramatization.
This is a dramatization. Photo: iStockphoto

John Duffy, CEO of the investment bank Keefe, Bruyette & Woods, stands accused in Manhattan Supreme Court divorce proceedings of "public and notorious adulterous relationships" by his wife of 35 years, who has already turned down a $20 million settlement offer. Kathy Duffy alleges that her husband had affairs spanning multiple countries and that he shelled out for gifts like cars, watches, and condos worth hundreds of thousands of dollars for at least three different women. One mistress is referred to as "the tattooed, blond lead singer of a rock band," whose career Duffy supported financially, Rolex and all. The Post says Duffy, who makes around $3 million a year, denies having affairs and prefers to think of his personal patronage and generous purchases as "investments." Based on today's forecast, potential returns don't look good.

Wall Street big lavished gifts on mistresses in three countries: wife [NYP]