So long, Frank Quattrone scandal. Now about those stock options

Peter Burrows

I can't help recalling the fervor that surrounded Frank Quattrone in early 2003, when news broke that New York State Attorney General Eliot Spitzer was investigating various allegations against the super-rich investment banker. Even as some of those allegations fell away leaving only an obstruction of charge, based on an e-mail from Quattrone ordering his staffers to "clean up" their files after the firm had been notified of the federal inquiry, the overall sense among many of the folks I know remained the same: Quattrone was never going to work in this Valley again.

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