Quattrone is probably not as radioactive as he appeared to be one or even two years ago.
As for Quattrone, not only did he pitch the stock, he pitched its product.
Within days, the SEC overturned his ban from the industry, saying NASD erred by not allowing Quattrone a hearing.
But the jury never found the nexus between what Quattrone knew and his alleged obstruction of justice.
Bosses should remember Mr Quattrone next time some hired hand urges them to issue securities or merge.
Quattrone's reversal is the second example of a high-profile securities conviction going awry because of improper jury instructions.
During the heyday of the 1990s tech boom, Quattrone was the kingmaker.
Given the popularity of boutique investment banks, Quattrone could attempt to hang out his own shingle or join one of the myriad startups.
She dialed her colleague Frank Quattrone, then head of tech banking at Morgan, and suggested they meet with Clark and Andreessen.
Quattrone may come to wish that at least a few of these e-mails remained unanswered or, better still, were never sent.
Mr Quattrone was one of the first Wall Street bankers to recognise the stock market potential of internet and technology firms.
At Credit Suisse First Boston the Chinese wall separating investment bankers from analysts was straddled by a single boss, Frank Quattrone.
At Morgan Stanley, Kessler worked with dealmaker Frank Quattrone and analyst Mary Meeker, who was nicknamed Heat Seeker for her trendy picks.
Investment banker Frank Quattrone was widely vilified for supposedly contributing to the high-tech bubble by bringing flimsy firms to the public market.
The appeals court found that there was plenty of evidence Quattrone knew about the grand jury investigation into his Tech Group division.
An appeals court in New York has overturned the 2004 conviction of high-tech investment banker Frank Quattrone , citing incorrect jury instructions.
His first trial ended in a hung jury, despite prosecutors having portrayed the once highly paid Quattrone in a most lurid light.
The SEC released details of e-mails showing just how much influence Mr Quattrone, a banker, exerted over the supposedly independent research analysts.
Frank Quattrone, a former star technology banker at CSFB, was convicted of obstructing justice and other offences in relation to another bout of file-shredding.
Turns out that two days before the e-mail was forwarded, Quattrone had been told that Credit Suisse was being investigated by federal prosecutors in the IPO allocation matter.
The transaction also included a formidable list of organizations representing Autonomy, starting with Qatalyst Partners, an investment bank headed by Frank Quattrone specializing in technology companies.
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In May, the NASD, the regulatory body overseeing the Nasdaq stock market, withdrew its charges against Quattrone that were related to initial public stock offering allocations and research supervision.
Mr Quattrone has said he was simply instructing CSFB staff to follow the bank's policy of routinely purging outdated documents, and did not intend to obstruct the investigation.
Frank Quattrone, who until recently worked at CSFB, where he was a star technology-industry banker, was charged last week with the criminal offence of obstructing a grand-jury investigation.
All this has revived memories of the damage Deutsche suffered last year when its top technology banker, Frank Quattrone, walked out with more than 100 of his team.
Other financial crime prosecutions that have gone badly: Former Credit Suisse banker Frank Quattrone beat back two attempts by the Justice Department to get him for obstruction of justice.
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At Credit Suisse First Boston (nyse: CSR - news - people ), the Chinese wall separating investment bankers from analysts was straddled by a single boss, Frank Quattrone .
And the Supreme Court's ruling may give legal ammunition to Frank Quattrone, an investment banker who is appealing against his conviction on three counts of obstruction of justice in an unrelated case.
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