Gary Naftalis
Just got indicted for insider trading? You might want to make an appointment to see Gary Naftalis. A partner at the firm Kramer Levin Naftalis & Frankel, Naftalis is who many of the city's biggest white-collar criminals turn to in times of trouble.
Newark-born Naftalis attended Rutgers before picking up a master's at Brown and attending law school at Columbia. After clerking for U.S. District Court Judge William Herlands, he headed off to the Virgin Islands as special assistant to the U.S. attorney, later returning to New York to serve as an assistant U.S. attorney for the Southern District. He eventually rose to the position of deputy chief of the criminal division before departing for private practice at the now-defunct firm of Orans, Elsen, Polstein & Naftalis. In the early '80s, Naftalis landed at Kramer Levin, burnishing his reputation working on some of the biggest cases of the era: Salomon Bros. Chief John Gutfreund tapped him to represent the firm after it was charged with manipulating the market; Naftalis defended partners involved in the Drexel Burnham junk bond scandal; and he successfully defended a leading Saudi Arabian banker in the notorious BCCI case in the early '90s. Now more than three decades into his career, he's defended dozens of corporations and individuals accused of fraud, insider trading, and market manipulation. [Image via Getty, with Michael Eisner]