Thursday, April 28, 2011

Pot-Growing Lady Hedge-Funder Avoids Jail Time

Tara Bryson, the former New Stream Capital exec arrested last year after Connecticut police found 203 pot plants in her home in Newton, pleaded guilty to drug possession. The state initially intended to press for felony cultivation charges, which could have come with seven years of prison time.

Instead, Bryson was sentenced to a year of jail, which was suspended, and is slated to serve only a year of probation. Her live-in boyfriend, Michael Hearl, who also pleaded guilty, didn't get off as easy and will serve two years in jail. Hey, you don't get to the top of a hedge fund (under investigation for "charging investors excessive fees by overvaluing assets") by not knowing how to work a deal in your favor….

http://nymag.com/daily/intel/2011/04/pot-growing_lady_hedge-funder.html

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