September 09, 2004
There are Probably More to Come...
He claims he is innocent of obstructing justice. Only Frank Quattrone knows for sure. But one thing is certain these days: Anything that smells like fraud will catch the eye of regulatory authorities. Many more will probably be hitting the court rooms as we see once high profile Wall Street figures go to jail.
This excerpt from newsday.com highlights this sentence handed down.
"Frank Quattrone, who rose to investment banking stardom during the dot.com boom, was sentenced to 18 months in a federal prison camp in Lompoc, Calif., yesterday after he was convicted of obstructing a government inquiry by directing employees to destroy e-mails and documents sought by prosecutors." See the complete article at: http://www.newsday.com/business/ny-bzquat093960236sep09,0,6568423.story?coll=ny-business-big-pix
For more information about Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com
This excerpt from newsday.com highlights this sentence handed down.
"Frank Quattrone, who rose to investment banking stardom during the dot.com boom, was sentenced to 18 months in a federal prison camp in Lompoc, Calif., yesterday after he was convicted of obstructing a government inquiry by directing employees to destroy e-mails and documents sought by prosecutors." See the complete article at: http://www.newsday.com/business/ny-bzquat093960236sep09,0,6568423.story?coll=ny-business-big-pix
For more information about Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com
