Having just written a book on the subject (When Mooks Fail, currently #15 on the Amazon.com best-seller list), Charlie G. continues his intrepid reporting on the utter shamelessness of Wall Street.
Now, Tom Maheras, the former Citigroup president, is hardly the only person who proves that, no matter how much you lost on subprime bets, you can still raise $100 million for a hedge fund. But Chazzie reports that, despite being forced out at Citi two years ago for obvious reasons, Maheras is basically still working for the firm.