mark-rayner

Banker by Day, Dealer by Night

cityfile · 11/18/08 12:44PM

The economy is worse off than we thought: It seems some Wall Streeters have been turned to drug dealing. A sting operation on Craigslist uncovered a rather unlikely culprit: "A Citigroup vice president, Mark Rayner, attracted police attention after posting an ad offering Ecstasy, ketamine, cocaine and crystal meth. An undercover cop arrested him after he tried to sell 50 Ecstasy pills and 7 grams of cocaine." But at least Rayner has a new career lined up—unlike the vast majority of the 50,000 Citi employees who were laid off yesterday. [NYDN]