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It's all about the parents, not the child, e.g.: "The Wall Street Journal revealed the existence of a series of e-mails, in which former Salomon Smith Barney a
by dpapathanasiou 18y ago
It's all about the parents, not the child, e.g.:
"The Wall Street Journal revealed the existence of a series of e-mails, in which former Salomon Smith Barney analyst Jack Grubman discussed his 1999 ratings upgrade of AT&T stock. According to the WSJ, the e-mails indicate that Grubman upgraded AT&T's stock rating from 'hold' to 'strong buy' at the urging of Citigroup Chairman Sandy Weill. In return, Weill is said to have promised to use his influence to get Grubman's daughters' admitted into the nursery school at the 92nd Street Y. Investigators from the New York district attorney's office, who are looking into the matter, say Grubman's twin girls began attending the Y just weeks after Citigroup donated $1 million to the 92nd Street Y's highly regarded preschool. That school is one of a handful of New York City preschools with reputations for sending their alumni on to the most prestigious private elementary and high schools."