Saturday, August 19, 2006

Quattrone Cuts Deal - No Finding of Guilt

Reuters is reporting that the NYT is reporting that Quattrone has entered into a defferred prosecution agreement the criminal prosecutors to resolve his criminal case. No finding of wrongful conduct, no fine, no penalty, no jail.

I assume this is great news for him, as he has prevailed on the NASD side and the criminal side, but at what cost to him, his career and his family? And does anyone have any idea how much money this one case cost the NASD and the taxpayers?
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