Because John Duffy, the Chief Executive Officer of investment bank Keefe, Bruyette & Woods is a married man, some people, such his estranged wife, would like to know why he “lavished millions of dollars’ worth of homes, jewelry and sexy outfits from Victoria’s Secret on stunning women in three different countries.” Kathy Duffy thinks she already has the answer (the trinkets were part of his “public and notorious adulterous relationships”) and for that reason has chosen to demand more than $20 million in divorce proceedings that have taken place so far. But she’s wrong! John AKA “Duff” wasn’t cheating on her with these ladies and his reason doesn’t even involve invoking the law of different area codes. Those homes he bought in Yonkers and CT? Those Rolexes and “educational supplies” and the mesh chaps? Those weren’t gifts for his gal-pals, those were investments! Continue reading »