What We Can Learn From The British: Don't Deal Drugs From Your Desk

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So this Bloombergstory on suicidal coke addicts across the pond? Kind of a downer. And while it didn't really illuminate much re: the similarities between trading and having a drug problem that we didn't already know, or do anything but depress us, we have found ourselves a teachable moment.

At least one cocaine user at a financial firm was brazen enough to deal the drug from his desk. David Frith, a 28-year- old banker who worked at Barclays Plc's office in Basingstoke, England, was convicted in 2007 of selling drugs from his desk and received a jail sentence of seven and a half years.

Police listened to Frith's phone calls, which had been routinely recorded by the bank, and tracked his drug runners, according to a police spokesman. Barclays declined to comment on the incident. Frith's Basingstoke-based solicitors, Talbot Walker LLP, declined to comment.

Barclays employees seriously considering making up the slack with a little biz on the side, you have been warned!


What Wall Street Can Learn From The Anti-Virus Software Guy Wanted For Murder

Most individuals working on Wall Street are good, honest people. But, as with every industry, you will always have your bad seeds. And should you perhaps wake up one morning to find the Feds outside your door, because your best friend sold you out by recording your explicit instructions re: how to dispose of evidence you committed securities fraud, or you were (allegedly) part of a "criminal club" that met regularly to share material non-public information with each other, or you bribed people with lobsters to do your bidding for you, and prison life is not the life for you and you need to come up with a hiding place they'll never find you, STAT, sand and a cardboard box are a good place to start.