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	Frank Quattrone - Wikipedia, the free encyclopedia
		Frank Quattrone (1956) is a former investment banker at Credit Suisse First Boston who has been convicted of interfering with a government probe into Credit Suisse First Boston's behavior in allocating hot IPOs.
		In 2003, Quattrone was brought down with evidence of incriminating e-mails in a widely publicized series of trials.
		Quattrone is one of the highest profile Wall Street bankers to face prison since Michael Milken, the Drexel Burnham Lambert junk bond king of the '80s.
	en.wikipedia.org /wiki/Frank_Quattrone (162 words)

	Quattrone Appeals His Conviction
		On January 27, Frank Quattrone told an appeals court that his case "illustrates what can happen when a routine e-mail is dissected out of context in the harsh glare of a courtroom." The statement was made in an appeal filed with the United States Court of Appeals for the Second Circuit.
		Quattrone was convicted in May 2004 for obstructing a federal investigation into the distribution of initial public offerings (IPOs) by his employer, Credit Suisse First Boston (CSFB).
		The judge in the case, Richard Owen, also refused Quattrone's motion to remain free on bail while his appeal was pending, but the appeals court ruled that he could remain free while pursuing his challenge to the conviction.
	www.objectivistcenter.org /showcontent.aspx?ct=1552&printer=True (432 words)

	Boston.com / Business / Jury finds Frank Quattrone guilty on all counts (Site not responding. Last check: 2007-11-03)
		Quattrone was tried last fall on the same charges, but the judge declared a mistrial after jurors repeatedly said they were deadlocked.
		Quattrone, one of the top investment bankers of the dot-com boom, was charged for sending an e-mail Dec. 5, 2000, that urged colleagues at Credit Suisse First Boston to destroy documents.
		Quattrone was told two days before he sent the e-mail that a grand jury was investigating the bank.
	www.boston.com /business/articles/2004/05/03/jury_finds_frank_quattrone_guilty_on_all_counts?mode=PF (412 words)

	Guilty ... of caring too much
		Quattrone testified that he'd promised his wife to be more committed to "family time" and to thus make it home by 6:30 every night to see his daughter.
		Quattrone may have been committing a crime, but his heart was in the right place.
		Quattrone may have ordered his team to "clean up" their files amid an investigation into illegal behavior, but at least he got home in time for pot roast.
	www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2004/05/04/BUGPL6F3RJ1.DTL&type=printable (851 words)

	Quattrone, former star banker, found guilty on all counts - May. 3, 2004
		Quattrone, 48, could face up to 25 years in prison, but federal guidelines would likely reduce the prison term to one or two years.
		Quattrone was among the first bankers to see the coming technology bonanza and once generated so much revenue and buzz he had his own press team, according to Reuters.
		He said Quattrone was a highly paid professional who earned $120 million in 2000, upending the defense's argument that he didn't remember the investigations at the time he sent the e-mail.
	money.cnn.com /2004/05/03/news/newsmakers/quattrone_verdict (588 words)

	Burnham's Beat: Frank Quattrone Is Either Innocent Or The Most Incompetent Criminal The World Has Even Known
		Frank was well aware that his e-mail was recorded (as he had mentioned in previous e-mails).
		If Frank truly felt that his livelihood and reputation were on the line and he therefore needed to obstruct justice, he appears to have made quite a half-assed effort at getting the job done.
		Perhaps they saw Frank’s prosecution as necessary to justify their original investigation or perhaps they felt that Frank had committed real crimes that their original investigation could not prove and thus they were serving justice albeit in an indirect way.
	billburnham.blogs.com /burnhamsbeat/2004/05/frank_quattrone.html (1758 words)

	BW Online \| October 13, 2003 \| Inside Frank Quattrone's Money Machine
		Quattrone not only stood at the intersection of power and wealth in the high-tech economy but was also one of its chief architects.
		Frank Quattrone, 47, pale and puffy-eyed, occupies a chair at the defendant's table in U.S. District Court in lower Manhattan, where his trial on federal obstruction-of-justice charges began on Sept. 29.
		On top of that payoff were profits that Quattrone and his senior bankers were raking in from their investments in venture-capital firms or in startups, such as Web-site software maker Interwoven (IWOV), and PC maker eMachines.
	www.businessweek.com /magazine/content/03_41/b3853105.htm (3394 words)

	The State vs. Frank Quattrone - Mises Institute
		Frank Quattrone sent a 22-word e-mail to his employees reminding them of an existing policy.
		Quattrone claimed that his was a routine e-mail and that he was never led to believe that it would hinder the federal investigation.
		Consider that Quattrone's value to CSFB was in managing highly complicated and high profile IPOs during the height of the tech boom, including those of Amazon.com and Netscape Communications.
	www.mises.org /fullstory.asp?control=1511 (1253 words)

	Frank Quattrone's conviction overturned - Corporate Scandals - MSNBC.com
		Quattrone was sentenced to 18 months in prison after he was convicted of obstruction-of-justice charges related to a federal investigation of initial public offerings of stock.
		Quattrone testified he was following bank policy when he issued the e-mail and that he knew almost nothing about a grand jury subpoena seeking documents involving hundreds of initial public offerings of stock during the late-1990s Internet boom.
		Quattrone’s lawyers had argued that the jury instructions during the trial were deeply flawed.
	www.msnbc.msn.com /id/11928477 (948 words)

	CNN.com - Former star banker Quattrone guilty of obstruction - May 3, 2004
		Quattrone was convicted on two counts of obstructing an investigation into initial public offerings at his firm and one count of witness tampering.
		Quattrone was among the first bankers to see the coming technology bonanza and once generated so much revenue and buzz he had his own press team.
		Quattrone's state of mind when he endorsed and forwarded a subordinate's e-mail in late December 2000 recommending other bankers at CSFB to clean-up their records was at the center of the former financier's case, according to Reuters.
	www.cnn.com /2004/LAW/05/03/quattrone.verdict (396 words)

	Fool.com: Frank Quattrone Is a Bad Man [Motley Fool Take] September 9, 2004
		Former Credit Suisse First Boston (NYSE: CSR) investment banker Frank Quattrone's gamble on a jury trial came to a close yesterday when he was sentenced to 18 months in prison for obstruction of justice.
		Quattrone's conviction came on the slimmest of evidential reeds: a single December 2000 email in which he strongly recommended members of his staff to "clean up" their files, consistent with the firm's policy of document management requiring employees to destroy unnecessary files.
		Quattrone contends that he was unaware that his group was part of a wide-reaching investigation of CSFB.
	www.fool.com /News/mft/2004/mft04090925.htm (703 words)

	The New York Times > Business > Ex-Banking Star Given 18 Months for Obstruction
		Frank P. Quattrone, the Wall Street banker whose pay and deals made him a vivid symbol of the 1990's technology boom, was sentenced to 18 months in prison yesterday for obstructing a government investigation into the allocation of hot stock offerings.
		Quattrone perjured himself when he took the witness stand during his trial and said under oath that he had not intended to impede the government's investigation when he sent a one-line e-mail message at the heart of the case.
		Quattrone, who made $120 million in 2000, was perhaps the most prominent banker in Silicon Valley during the 1990's, assembling a team that brought public many of the biggest names in technology.
	www.nytimes.com /2004/09/09/business/09star.html?ex=1252382400&en=9a203d170f82a33e&ei=5090&partner=rssuserland (753 words)

	Ex-star tech banker Frank Quattrone gets 18 months - Sep. 8, 2004 (Site not responding. Last check: 2007-11-03)
		Quattrone, 48, is one of several corporate executives to have reached the pinnacle only to be brought down by scandal in the months and years after Enron Corp. collapsed.
		Quattrone denied any deception, insisting instead that he was merely complying with the bank's document retention policy and was unaware that the government probes included his banking group.
		Quattrone's fate stands in stark contrast to another fallen titan who was recently sentenced for a similar offense.
	money.cnn.com /2004/09/08/news/newsmakers/quattrone (868 words)

	Frank Quattrone's Woes Grow
		Quattrone's lawyer, Howard Heiss, said, "The NASD charges are completely without merit and represent an unprecedented attempt to take punitive action against an individual for conduct that was legal at the time and widespread throughout the industry."
		On Tuesday, Quattrone resigned from CSFB over allegations that stem from a criminal investigation into whether the investment banker tried in December 2000 to impede a regulatory investigation into the firm's IPO practices.
		Federal prosecutors are trying to determine whether Quattrone attempted to obstruct justice when he advised some of his associates to destroy documents in their file.
	www.thestreet.com /pf/markets/matthewgoldstein/10072583.html (292 words)

	Burnham's Beat: An Appeal for Reason: Why Frank Quattrone’s Appeal Should Be Granted
		The second view is that Frank is so skittish, clumsy, lazy and ignorant, that he would make the centerpiece, indeed the sole piece, of his obstruction of justice efforts, a very public and entirely superfluous e-mail to 500+ people.
		In Frank’s case, he too was simply encouraging employees to follow a valid policy (in fact the government didn’t even charge the guy who authored the main e-mail encouraging people to follow the policy).
		For example, the judge wouldn’t let Quattrone’s lawyers enter into evidence discussions amongst CSFB’s own lawyers in which they, in violation of their own policies, decided not to tell anyone in the firm about the government’s document subpoenas, the same subpoenas Frank was supposed to have obstructed.
	billburnham.blogs.com /burnhamsbeat/2005/07/an_appeal_for_r.html (1202 words)

	The Case for Frank Quattrone
		Frank Quattrone was born in 1956, the son of an Italian immigrant who worked in a clothing factory and lived in South Philadelphia, that lower-class neighborhood made famous by the film Rocky.
		To remedy the situation, Quattrone came up with a proposal that would give his group not just their salaries and bonuses but a percentage of what he called the firm's "tech revenue pool," including trading commissions on stocks his team had underwritten.
		They tried to say that Quattrone would not engage in obstruction of justice because he did not believe he had anything to fear from the investigations, and the reason he had nothing to fear, they alleged, was that he did not have final, formal responsibility for the allocation of IPO shares.
	www.objectivistcenter.org /text/rdonway_defending_frank_quattrone.asp?navigator (3927 words)

	Bloomberg.com: Top Worldwide (Site not responding. Last check: 2007-11-03)
		Quattrone became the first Wall Street executive to be charged with committing a crime in the investigations that began in 2000 into industry misconduct.
		Quattrone, who grew up in South Philadelphia and graduated from the Wharton school at University of Pennsylvania, failed to appear at a meeting with NASD investigators to face allegations that he doled out IPO shares to friends and favored clients and also failed to supervise analysts.
		Quattrone was informed that CSFB was under investigation by securities regulators as early as June 2, 2000, according to the federal complaint.
	quote.bloomberg.com /apps/news?pid=10000006&sid=a0.S3e7pQOAc&refer=home (1063 words)

	Ex-CSFB banker indicted in N.Y. / Quattrone allegedly sought destruction of IPO evidence
		Quattrone's lawyer, John W. Keker, released a statement Monday saying he would seek a trial on the allegations quickly under the Speedy Trial Act, which entitles a defendant to a trial within 70 days of indictment.
		Quattrone had been told as early as May 2000 that various agencies were conducting inquiries into the deals and was asked to preserve any documents related to them.
		Quattrone's defense team maintains that the government evidence does not prove Quattrone ordered the destruction of documents that he knew were relevant to a federal probe.
	www.sfgate.com /cgi-bin/article.cgi?file=/chronicle/archive/2003/05/13/BU80367.DTL&type=business (554 words)

	Burnham's Beat: Frank Quattrone: One Step Closer To The Truth
		The good news for Frank is that he not only gets a new trial and a new judge, but that he will get a more level playing field in terms of some types of evidence and testimony.
		Frank actually was a consistent defender of the analyst's right to do and say what they wanted to free of banker interference.
		Frank wasn't thinking of the SEC and US Attorney when he sent that e-mail, if anything he was thinking about the Bill Lerach and the rest of the plaintiffs bar.
	billburnham.blogs.com /burnhamsbeat/2006/03/frank_quattrone.html (2239 words)

	Frank Quattrone Sentenced To 18 Months Gaol
		Last May, former CSFB star banker, Frank Quattrone was found guilty in a retrial of two charges of obstruction of justice and one of witness tampering.
		Quattrone's denial before the jury that he intended to obstruct investigations by the Securities and Exchange Commission and a federal grand jury.
		Quattrone thanked his friends and family for their support and said he would appeal.
	www.companiesinc.com /business-newsletter-17238.html (258 words)

	The Quattrone Conviction - Mises Institute
		Quattrone and Milken were financial innovators on Wall Street, but they did not create the stock bubbles that burst.
		Thus, whether or not he had committed any crimes (and, apparently, he had not), Quattrone had plenty about which to be nervous, given that the government was trying to find a way to pin the entire collapse of the stock market upon him.
		Thus, the lesson of the Quattrone case is not that one should "cooperate" with the government (whatever that means), but rather that modern federal criminal law has become the Theater of the Absurd.
	www.mises.org /fullstory.asp?control=1510 (1315 words)

	NASD Permanently Bars Frank Quattrone from the Securities Industry for Refusal to Testify in NASD Investigation
		The panel fined Quattrone $30,000 and suspended him for one year, with the proviso that he would be barred in all capacities if he failed to testify, fully and unconditionally, within one year.
		Quattrone was represented by counsel at all times, and he made a fully informed choice to refuse to provide testimony to NASD...
		Quattrone failed to meet his obligation to cooperate with Enforcement in its investigation, and therefore a bar is appropriately remedial...
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-22-2004/0002496339&EDATE= (907 words)

	The New York Times > Business > Wall St. Banker Is Found Guilty of Obstruction
		Frank P. Quattrone, the banker whose deal making helped fuel the 1990's technology boom, was found guilty yesterday of trying to impede government investigations into how hot stock offerings were doled out to investors.
		Quattrone, who visibly gulped as the judge read the verdict aloud, was perhaps the most prominent banker in Silicon Valley during the 1990's, leading the initial stock offerings of technology giants like Cisco Systems and Amazon.com that often soared to unheard-of heights in their first days of trading.
		Quattrone and First Boston came under the microscope of regulators and prosecutors, who began investigating whether the bank was soliciting kickbacks from investors in exchange for access to hot stock offerings.
	www.nytimes.com /2004/05/04/business/04STAR.html?ex=1399003200&en=3c8e146b2d649a5f&ei=5007&partner=USERLAND (838 words)

	Frank Quattrone's Wake-Up Call - Forbes.com (Site not responding. Last check: 2007-11-03)
		Quattrone, who was based in Palo Alto, Calif., responded that he was tied up all day, but was checking his Blackberry, a hand-held e-mail device.
		Brodsky wrote back that the bank, a unit of Credit Suisse Group (nyse: CSR - news - people), had not been accused of a crime, but that it might be, and that the development was "of extreme concern." He also told him twice to share the information with no one.
		Quattrone's defense also hinges on the belief inside the bank that the investigations were into the firm's IPO allocation process, which, his lawyers say, was not handled by investment bankers, but by the equity capital markets group.
	www.forbes.com /2003/10/03/cx_da_1003quattrone.html (757 words)

	USATODAY.com - Quattrone jurors continue deliberations (Site not responding. Last check: 2007-11-03)
		NEW YORK — Jurors begin their first full day of deliberations Monday in the retrial of former star Credit Suisse First Boston banker Frank Quattrone, with initial signs suggesting the prosecution's case could be in jeopardy.
		Quattrone, who brought some of the biggest tech companies public in the 1990s, is accused of obstruction of justice for endorsing a Dec. 5, 2000, e-mail urging staffers to "clean up" their files.
		But Quattrone, who faces up to two years in prison if convicted, testified that he never knew the scope of the investigations and thought they involved a different part of the firm.
	www.usatoday.com /tech/news/2004-04-30-quattrone-retrial-closing-arguments_x.htm (507 words)

	Boston.com / Business / Quattrone to serve 18 months
		Frank Quattrone, whose deal making made him an investment banking star during the Internet stock bubble and a multimillionaire, was sentenced yesterday to 18 months in prison for obstructing justice.
		NEW YORK -- Frank Quattrone, whose deal making made him an investment banking star during the Internet stock bubble and a multimillionaire, was sentenced yesterday to 18 months in prison for obstructing justice.
		US District Judge Richard Owen ordered Quattrone to begin serving the time late next month -- a shorter window to get his affairs in order than even federal prosecutors had asked for.
	boston.com /business/articles/2004/09/09/quattrone_to_serve_18_months (231 words)

	USATODAY.com - Quattrone to testify in second trial (Site not responding. Last check: 2007-11-03)
		NEW YORK — Former Silicon Valley financier Frank Quattrone plans to return to the witness stand in Round 2 of his obstruction of justice trial, according to a person with knowledge of the defense strategy.
		One of the dominant dealmakers of the '90s, Quattrone is the only banker to face criminal charges after more than three years of probes into Wall Street conflicts of interest.
		Quattrone argued he never knew the full scope of the probes and was not responsible for allocating IPOs.
	www.usatoday.com /money/industries/brokerage/2004-04-13-quattrone-retrial_x.htm?POE=NEWISVA (539 words)

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