Ex-Lehman Broker’s Biggest Mistake Was Involving a Playmate in His Insider-Trading Scam
Matthew Devlin made a lot of mistakes with his insider-trading scheme, but the biggest was getting a hot broad involved.
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Matthew Devlin made a lot of mistakes with his insider-trading scheme, but the biggest was getting a hot broad involved.
In the face of Representative Henry Waxman's hard heart and perhaps fearing his secret chamber of whips and snares, Lehman CEO Richard Fuld got right down to the business of apologizing this morning.
It was really quite an impressive bargain, especially when you think of it in pounds.
When confronted with adversity, everyone has their own coping mechanisms — and sometimes those are sex parties and Craigslist.
Nightlife types pontificate on the future of the industry's most hated institution.
The only thing that anyone seems really certain about right now is that when the smoke clears, we'll be looking at a different landscape.
Most likely, neither candidate really knows exactly what the hell is going on, or what can be done to fix it. But they'll try, damn it, they'll try.
The British investment bank, which walked away from a deal to buy portions of Lehman last Sunday, is apparently still sniffing around.
A special report from Lehman HQ just came across the wire.
And yet, with statements released this morning, both camps are off to a tepid start.
Metaphorically, of course. A quick guide to the current crisis for people who didn't pay attention this weekend.
Which is too bad for his brother Richard, a fixed-income salesman at Lehman Brothers.