May 28, 2001

Email indiscretion dethrones the king

Author: JT Smith

Australian IT: "Financial hotshot Peter Chung just wanted to
brag to his old buddies on Wall Street.

He may have moved to Korea, but he was still
a "stud" and "king of his domain".

But when Chung detailed his sexual exploits in an explicit email, his employers at
ultra-conservative international finance house the Carlyle Group were not amused.

While the Washington DC-based group has refused to comment on the matter,
business journal Industry Standard reports that Chung resigned after being told to
jump or be pushed."

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