Frank Quattrone owed $100 million by Credis Suisse
“Aug. 23 (Bloomberg) — Frank Quattrone, the former Credit Suisse Group investment banker who yesterday avoided prosecution on obstruction-of-justice charges, is owed more than $100 million from his former employer, said a person familiar with the situation. Quattrone, 50, will receive $100 million to $120 million in overdue compensation as long as he abides by an agreement and doesn’t break the law for a year, said the person, who declined to be identified because the deal was a private contract. Credit Suisse, Switzerland’s second-biggest bank, already paid for Quattrone’s legal costs in a three-year battle with prosecutors.”
From BloombergÂ

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