- 6 - Co., Mark also became increasingly anxious about being fired for abusing drugs. In July 1983, The First Boston Corporation (First Boston) offered Mark a position in its restricted stock group, which was then expanding. Mark accepted the offer as a solution to his perceived problems at Goldman, Sachs & Co., despite his fears of accepting the same sort of demanding job that he had voluntarily abandoned just 2 years earlier. Mark took his drug abuse habit to First Boston. His behavior became even more erratic. Three days after reporting to work, Mark missed 2 days because he was taking drugs. Thereafter, he canceled a business trip, with the false excuse that his mother had broken her arm. On another occasion, after he had been missing for 2 days, Marla found him at the train station, asleep in the back of his Jeep. In 1984, Mark went to Harrah's Casino in Atlantic City for a second binge of illegal drug use. During visits to Harrah's in 1982 and 1984, Mark wrote checks totaling $12,600. Despite this erratic behavior, First Boston earned commissions in the range of $3.5 million and $5.5 million on transactions that Mark executed in 1984 and 1985. Mark continued as an employee at First Boston until 1989. 2. Petitioners' Lifestyle and Financial Transactions Despite frequent drug-related absenteeism, Mark focused on keeping his job during the years at issue, first at Goldman, Sachs & Co. and then at First Boston. Mark's earnings, fromPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011