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Article: WINNERS AND LOSERS
- Article from:
- The Independent on Sunday (London, England)
- Article date:
- August 27, 2006
- Author:
CopyrightCopyright 2006 The Independent on Sunday. Provided by ProQuest LLC. (Hide copyright information)
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Investment banker Frank Quat-trone is in line for $120m (pounds
64m) in back pay and shares from Credit Suisse after US prosecutors
agreed to drop charges against him. The case centred on claims that
he was involved in "stock spinning" during the dotcom era. As long as
Mr Quat-trone, who stepped down from Credit Suisse during the probe
and denies any wrongdoing, stays out of trouble for a year, all
charges will be dismissed. He is expected to return to Wall Street.
It was music to Bruno Brookes's ears. The former DJ is chief
executive of Immedia, which floated in December 2003 and supplies in-
store radio for various high-street shops. The company drew the line
under a series of losses by ...