Flaming Ferraris

THREE FORMER Credit Suisse First Boston (CSFB) employees, known as the Flaming Ferraris for a cocktail they used to drink, were barred from securities trading, after an inquiry into an attempt to manipulate the Swedish OMX index in 1998. The men were part of a team which boasted of being the world's most successful share traders, making more than £100 million ($170 million) for their employers, the CSFB investment bank.

The team included David Crisanti, a Princeton graduate in economics; Adrian Ezra, a Harvard-educated squash champion; and ex-Etonian James Archer, who studied chemistry at Oxford. The latter was reported to earn £250,000 ($426,000) a year. Team bonuses were counted in millions. They enjoyed the best food and drink. It was at a fashionable London venue, the ...