Guy Accused Of Stepping On Trading Admin's Rack May Have Gotten Pawsy With Other Female Employees, Supposedly Has Massive Feet, Interesting Moves On The Dance Floor


Here's one you might not have seen coming: Marcus Bolton, the head of Tullett Prebon Americas Corp, who's being sued for $20 million by employee Jessica Franqui for allegedly forcing her to dance with him on the trading floor and then stepping on her chest for the grand finale, which he claims was no big deal as her breasts were "too big to feel anything," has "pending sexual harassment charges brought on by two female brokers from the company." Also: "He has a size 14 foot," Franqui's attorney said. "He steps down on her breast hard, and then he pumped his fists in the air as if to say, 'Look, I'm the man.'" [Gothamist]


Accused Insider Trader Gave Ill-Gotten Gains To The Homeless

And for this he should do time? Gautham Shankar, of New Canaan, Connecticut, who also worked as a trader at Schottenfeld Group LLC, is scheduled to be sentenced later today by U.S. District Judge Richard Sullivan in New York. Shankar, who faces as long as 25 years in prison, earned less than $450,000 in the insider-trading scheme, his lawyer said. Shankar, who worked on the sales desk at Goldman Sachs from July 2000 until February 2003, pleaded guilty to conspiracy and a count of securities fraud in October 2009. He admitted that while working at Schottenfeld, he passed and profited from illegal tips he obtained from Zvi Goffer, a former Galleon Group LLC employee, and Thomas Hardin, a former analyst at Lanexa Global Management. “As the government learned during its meetings with Mr. Shankar, he has always, quite literally, given large sums of money away to the homeless on the streets of New York, including cash given to him by his co-conspirators for passing tips from Hardin,” his lawyer, Frederick Sosinsky, said in court papers.Helped People “From bringing the homeless a cup of coffee in the morning and sharing time with them to handing them hundreds of dollars at a time, Mr. Shankar has always been unable to simply walk past those in the most distress,” Sosinsky said. Ex-Goldman Employee Seeks Leniency for Insider Scheme [Bloomberg]