The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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1/25/2007
Federal Stock Options Backdating Investigative Team Loses Two
U.S. Attorney Kevin Ryan dropped out of the game last week and Lead Prosecutor Christopher Steskal has also opted to leave for a gig with lawfirm Fenwick and West.

By way of fond adieu to Ryan, check out this interview as well as this Law.com article which may give some insight into why Ryan's departure was " a mutually agreeable decision with Washington." Also, check out Fenwick's welcome aboard note touting their acquisition of Chris Steskal.

Eleven U.S. Attorneys have resigned in the last year...practically dropping like flies. Why you ask?

Well...there are theories.

-- MDT

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