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The WSJ reports that CSFB tech banker Frank Quattrone has just been indicted on obstruction-of-justice charges. "The three-count indictment, handed up Monday in Manhattan federal court, accuses Mr. Quattrone of urging colleagues in an e-mail message to destroy documents that had been subpoenaed as part of the government's probe of initial public offering abuses." Today's a good day to watch the market. The Street loves bankers in handcuffs.
Quattrone is indicted on obstruction charges [WSJ]
Spitzer aiming a criminal probe at Quattrone [NY Post]
NASDAQ composite [Yahoo! Finance]