Arianna's Most Wanted

Arianna Huffington has created a "Most Wanted" list of corporate America. With her permission I will post a different one every few days. Here's the first:

"--Jack Grubman, former head telecom shill at Salomon Smith Barney. Aka "The Bruce Springsteen of telecom."

Wanted for: securities fraud; producing misleading stock analysis; betraying the trust of investors nationwide; and upgrading his rating of AT&T stock in an effort to help get his kids into the Harvard of Manhattan nursery schools. All while pulling in a cool $20 million a year.

Warning: Grubman is armed with stacks of overblown research reports and should be considered extremely dangerous to your financial well-being."

Coming up: Ken Lay.