Friday, July 01, 2005

But were there any porn stars involved?

From 9/11 to 'landmark transaction' Keefe Bruyette plays key role in MBNA acquisition

By David Weidner, MarketWatch
July 1, 2005

NEW YORK (MarketWatch) -- When Bank of America CEO Kenneth Lewis sought an adviser for the contemplated purchase of credit-card giant MBNA Corp., he went to what -- on the surface -- probably seemed an unlikely source.

Why was it an unlikely source? Because it is a small firm or a small firm with a penchant for loose women? I would say that this is more of a landmark for KBW as they managed to survive this little snafu..

Ex-Keefe CEO barred for passing tips to porn star

WASHINGTON (Reuters) - The former chief executive at Keefe Bruyette & Woods Inc., who previously pleaded guilty to charges that he passed inside tips to his porn-star mistress, has been barred from working in the securities and investment advisory business, the U.S.
Securities and Exchange Commission said on Tuesday...

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