Posted on 07/24/2008 2:08:57 PM PDT by NormsRevenge
His legal troubles behind him, famed investment banker Frank Quattrone was back in his old role Wednesday as corporate adviser and tech industry sage.
At the AlwaysOn technology conference at Stanford University, Quattrone opined about market reforms enacted after the dot-com bust, equity markets, the state of initial public offerings and the outlook for innovation in the technology industry.
Along the way, he dispensed advice to executives of three start-up companies lucky enough to have an appointment with 'the doctor," as the conference billed Quattrone.
"It feels great," he said. "I feel like I'm a kid in a candy store."
The event marked one of the first public appearances by Quattrone in his investment banking guise since he formed Qatalyst, his new firm, in March. His work with Qatalyst is his first step back into the industry he starred in before being indicted in 2003 on obstruction of justice charges related to how Credit Suisse First Boston, his firm at the time, allocated shares in IPOs.
After a four-year odyssey that included two trials, one conviction that was later overturned on an appeal and a deferred prosecution agreement, Quattrone finally put his legal problems behind him last August.
Perhaps not surprisingly for someone who was a focal point of regulators' reaction to the excesses of the dot-com boom, Quattrone spoke out at the conference against one of the landmark regulatory reforms of the subsequent bust. The reform that drew his ire was the one that bars so-called sell-side analysts from getting a commission when their investment bank sponsors a public offering.
(Excerpt) Read more at mercurynews.com ...
He’s back.
Slippery eel.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.