Business, Economics and Jobs

BofA banker mooned his boss, lawsuit says


A policeman in riot gear defends a Bank of America as Occupy Portland protesters march past various banks in Portland, Ore., on Nov. 17, 2011.


Natalie Behring

A high-powered investment banker mooned his own boss over a salary dispute, and then sued his boss when he got fired for the mooning. Alpha males are so dreamy.

Jason Selch joined Wanger Asset Management as an investment analyst in 1994, Courthouse News Service reported. After the firm merged with Columbia Asset Management, a Bank of America subsidiary, Selch was angry to learn that his friend Chris O'Dea would be receiving a lower salary than what he wanted. O'Dea refused to accept the new, lower salary and was fired as a result.  

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Selch strongly felt that his friend deserved more money. Selch was so passionate about the issue, in fact, that he stormed into a meeting with between Roger Sayler, Columbia's chief operating officer in New York, and Charles McQuaid, C-WAM’s chief investment officer in Chicago. After a tense conversation, Selch "proceeded to unbuckle his pants, pull them down, and 'moon' Sayler and McQuaid," according to court documents

Selch was eventually fired, causing him to lose out on a $2 million bonus, CNBC reported. Selch then boldly sued the Bank of America, but an Illinois appeals court sided with the defendants. "Plaintiff violated the rules and regulations in the (employee) handbook by behaving in a disruptive, unruly and abusive manner," Judge Michael Murphy wrote, according to Courthouse News.