Meet the Ex-Lehman COO Arrested For Fake Oxycontin And Ritalin Prescriptions
1:36 pm, June 29th | by Hillary Reinsberg
Oh, man. Here’s a good one: a former COO and top banker at Lehman Brothers was arrested this weekend…at a CVS. Bradley Jack, who worked at Lehman until 2005 (three years before things fell apart), forged prescriptions for 12 pills of the painkiller oxycontin and nine pills of the ADD/ADHD drug Ritalin, according to Dealbook.
Jack, who owns “the most expensive house in Fairfield” allegedly dropped off the forged prescriptions at a Connecticty CVS Pharmacy and said he’d return later to pick them up. The pharmacist, however, noticed the prescriptions looked photocopied, promptly called the doctor listed. The doctor said they were forged. Fortunately, Jack surrendered immediately upon his arrest and owned up to what he had done. Yikes.
But before we go further… nine pills of Ritalin? We know prescriptions for meds like Ritalin are often limited, but it’s usually possible to get a month’s supply of 30 for this kind of stuff. We know the pharmacist noticed the prescription was a fake, but nine pills sounds like it could have been a weird tip-off as well.
Another thing: what doctor would prescribe both ADD medication and painkillers at the same time? Ritalin would most likely be prescribed by a psychiatrist, who we can’t imagine would also prescribe a painkiller, right? Not to mention, the interaction of the two sounds like a recipe for disaster.
But anyway. We’ll leave that to the medical professionals.
Despite this alleged stupidity (yeah, we said it), Jack seems to have been a pretty smart guy, or at least a rather successful banker. At Lehman, he had the wise idea of grouping bankers by industry, rather than the kind of financing they specialized in, which was the norm of the financial world. He also had the foresight to get out of Lehman three years before it tanked, which is sort of impressive in its own right.
At the same time, it appears the Jack family had some pretty deep issues even before Lehman went under. In a book written about Lehman excerpted in Vanity Fair last year, Jack’s wife Karin lamented:
“I mean, Brad didn’t do one single thing for 20 years that wasn’t Lehman Brothers. Not a postcard, nor a Christmas present, nor a phone call to his family. I did everything, unless it had a Lehman stamp on it. As a Lehman wife, you raised your kids by yourself. You had your babies by yourself in the hospital. And then you were supposed to be happy and pretty and smiling when there was an event, and you really would have liked to strangle somebody.”
And now, we’ll leave it to you to form your opinions about this whole matter.
We’re waiting on a call back from Jack’s Connecticut attorney with a comment on the matter. It seems he is yet to talk to anyone in the press, but if he decides to pipe up, we’ll let you know.