In case you don't remember Thomas Bruderman, he's the Fidelity trader whose lavish bachelor party took place on a yacht and "included booze, scantily clad women... and even a dwarf for hire." They went to a strip club (of course). And all the guests were apparently flown to Miami in private jets. Needless to say, it was an awesome party, but unfortunately, Bruderman didn't pay for it. A group of brokers did. Once the SEC found out that brokers who wanted Fidelity business paid $160,000 for it, Bruderman became famous. Even though the practice of paying for entertainment is widespread on the Street, and other ... (full story)