ACCESSING CLASSIFIED FILES
Decrypting documents...
Your connection is being monitored
Overview
Star telecommunications analyst at Salomon Smith Barney who issued fraudulent positive ratings on telecom stocks including WorldCom while they were collapsing, helping to inflate the dot-com bubble. Fined $15 million and permanently banned from the securities industry.
Key Affiliations
Controversies & Concerns
Issued buy ratings on failing telecom stocks
Conflicts of interest; his bank did investment banking for companies he rated
Permanently banned from securities industry
Related Investigations (1)
Sources & Documentation
1 documented sources from official records, investigations, and reports
Personal Information
Education
- •Boston University
- •Columbia Business School
Key Timeline
2002
SEC investigation launched
2003
Fined $15M, permanently banned from industry