Former Lehman Brothers Investment Bank Head May Not Do Time For Misunderstanding Re: Forging Oxycontin, Ritalin Prescriptions
On the whole, things have been on the up and up for most of the late Lehman Brothers brain trust. Erin Callan is said to be wildly happy with her new life out in the Hamptons, which includes spinning classes and a firefighter's hose. Barclays has allowed Hugh "Skip" McGee to continue his writing career on the side. Dick Fuld has started a new firm and has retained enough pride to not be embarrassed about telling Wall Street he's "here to help." Bella, God rest her soul, is in a better place. Late last month, it appeared as though former LEH IB head Bradley Jack might be the one exception to the success stories, after he was accused of forging a prescription for 12 Oxycontin pills and 9 Ritalins, and nailed suspicious pharmacist who called the cops. Fortunately, today brings news he'll probably get off just fine.
Jack, charged with forging prescriptions, applied for a drug treatment program that would keep him out of jail. Jack, 52, of Westport, Connecticut, made the request today in Bridgeport, Connecticut, before Superior Court Judge Earl B. Richards III. If he’s accepted and completes the program successfully, he won’t have to admit guilt and will have no criminal record, said his lawyer, Robert G. Golger.
Reputation intact, he might be able to land a new gig working for Fuld. Jail time would most certainly derail the opportunity, as Dick's strict moral code precludes him from working with ex-cons.
Ex-Lehman Executive Jack Applies for Drug Treatment in Connecticut Court [Bloomberg via BI]
