Reporting from Sacramento —
The name of Republican gubernatorial candidate Meg Whitman, a billionaire who has been defending her ties to embattled investment banking giant Goldman Sachs throughout her campaign, appears in the federal investigation of another Wall Street firm tarnished by scandal.
Court documents filed by prosecutors in the aftermath of the dot-com bust show Whitman, then chief executive of EBay, listed among about 200 executives who were to receive gifts of deeply discounted stock from Frank Quattrone, then a banker at Credit Suisse First Boston.
A star dealmaker during the late 1990s, Quattrone was twice indicted on obstruction-of-justice charges stemming from a federal investigation of such gifts and other business practices. Regulators charged that the gifts were used as incentives or kickbacks for corporate investment-banking business.
Read on.
No comments:
Post a Comment