Robert Karofsky graduated in 1989 from Hobart and William Smith Colleges, and he began his equity trading career at Morgan Stanley. After 14 years at Morgan Stanley, Karofsky was hired by Deutsche Bank Securities Inc. as a Managing Director, Global Head of Program Trading and Direct Markets Access and Americas Co-Head of Cash Equities. Seven other officers joined Karofsky at Deutsche Bank from Morgan Stanley: Joseph Ferrarese, Donald Healy, Brian Rigney, Eric Shenker, Brian Dugan, William "Billy" Matthews & John Pastorelli. Controversy On June 23, 2010, Robert Karofsky went on a leave of absence for an undetermined length of time from his position at Deutsche Bank after being accused of carrying on an affair with the wife of one of his subordinates. The surprise leave materialized after a heated argument between Karofsky and his subordinate, who happens to be a long time friend and neighbor, broke out on Deutsche Bank's equity trading desk in mid June 2010.
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