Bonus hurt profits

June 1996
Hudson Valley Business Journal;6/24/96, Vol. 7 Issue 4, p41
Reports on the testimony of Joseph Jett's former boss which testified that inflating Jett's bonus at Kidder Peabody only resulted to lower investment returns in 1992.


Related Articles

  • Ex-trade Jett on the attack. Harrington, John // Crain's New York Business;9/12/94, Vol. 10 Issue 37, p54 

    Reports that bond trade Joseph Jett demanded $600,000 from Kidder, Peabody & Co. to help finance his defense against charges that he orchestrated fictitious trades to boost profits.

  • Ex-bond trader Jett cleared of fraud; must pay $8.2 mil.  // Jet;08/10/98, Vol. 94 Issue 11, p34 

    Reports that former Wall Street bond trader Joseph Jett, who was accused of creating fictitious profits, was cleared of securities fraud. Information on the allegations against Jett; Fine to be paid by Jett; Details on the lawsuit against Jett.

  • Wall Street rocked by reported scheme that won man $9 mil. bonus, created $350 mil. `profits'.  // Jet;5/9/94, Vol. 86 Issue 1, p16 

    Focuses on reports alleging the involvement of black man Joseph Jett in creating false profits for Kidder, Peabody & Co. Bonus for being top moneymaker for 1993; Discovery of the alleged plot; Trading of United States treasury strips; Educational and professional background.

  • Cases.  // Journal of Criminal Law;Jun2007, Vol. 71 Issue 3, pv 

    The article presents a list of court cases.

  • Untitled.  // New Yorker;11/11/1974, Vol. 50 Issue 38, p139 

    An excerpt from "Jacksonville Florida Times-Union," is presented concerning a litigation proceeding.

  • Prop 8 appeal to be heard Dec. 6.  // Windy City Times;10/27/2010, Vol. 26 Issue 4, p9 

    The article announces that oral arguments in the Proposition 8 case, Perry v. Schwarzenegger, will be heard by the 9th Circuit Court of Appeals on December 6, 2010 at 10 a.m. at the James R. Browning U.S. Courthouse in San Francisco, California.

  • Jett: Bosses knew. Harrington, John // Crain's New York Business;6/24/96, Vol. 12 Issue 26, p42 

    Reports that former trader Joseph Jett of Kidder Peabody testified that his bosses knew of his strategy to fake $350 million in profits. Use of Mr. Jett as a scapegoat to save face in fixing a flawed accounting system.

  • Another scandal on Wall Street. Mack, Gracian // Black Enterprise;Jul94, Vol. 24 Issue 12, p41 

    Comments on arbitration complaints field by Kidder, Peabody & Co. regarding executives' claims that Joseph Jett's success was created by `phantom trades.' Complaint filed with the National Association of Securities Dealers' arbitration unit; Safeguards designed to protect investors.

  • Ex-bond trader Joseph Jett awarded $1 million.  // Jet;01/13/97, Vol. 91 Issue 8, p10 

    Reports bond trader Joseph Jett was awarded $1 million by an arbitration panel. The award coming from a legal battle in which $5.3 million was frozen by Jett's former employer, Kidder Peabody & Co.; Jett accused of masterminding a trading scheme leading to the demise of Kidder Peabody; The...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics