MEDIA WATCH: Quattrone mistrial is setback for feds
The case against Frank Quattrone, former Credit Suisse First Boston investment banker, resulted in a mistrial late last month. He was accused of obstructing an investigation into whether his firm allotted shares of coveted IPO stock to key clients and friends. Coverage often suggested that he would have been acquitted had he not fared badly under cross-examination. Reporting also positioned the mistrial as a key setback for federal prosecutors hoping to make an example of him.