Index

Alabama Securities Department 123
Alley, Judge Wayne 98-99, 106, 251-252, 255-258
American Arbitration Association 121, 225
American Bar Association 219
American Continental Corporation 223
American Stock Exchange 72
Antarctica xviii
Arbitration, NYSE 107-242
Alan Rockler, testimony of 224-228
Barry Clark, testimony of 156-163
Barry Mandel, testimony of 203-209
Bill Hall, testimony of 172-181
Brent Barton, testimony of 181-190
closing arguments 228-238
Bruce Day 228-233
Dick Gore 233-238
conflict of interest in 121-122
decision of 241-242
description of 68-69
Ellis Edwards, testimony of 190-192
Gary Champion, testimony of 167-171
Helmuth Meditz, testimony of 192-203
Jack Thomas, testimony of 210-219
Keith A. Schooley v. Merrill Lynch, Pierce, Fenner & Smith 118-242
Keith Schooley, testimony of 127-156, 163-167
Lisa Brainard, testimony of 171-172
Merrill Lynch strategy 119
news of 68-69
opening statements 122-127
Bruce Day 123-127
Dick Gore 122-123
Professor Michael Rustad, testimony of 219-224
request for production of documents 114-115
statement of claim 107
answer to 109-110
amended answer to 112
Arizona Securities Department 123
Austin, Texas 116

Bache 109
Barnes, George, IV 120-121, 162, 217
Barton, Brent xix, 9-11, 13-16, 18-20, 26, 31-32, 34-38, 41, 45-47, 50,
53-56, 61, 63, 65-67, 78, 80-81, 86-87, 89-93, 95-97, 99-100, 104-112,
114-115, 120, 125-126, 128-133, 135, 137-138, 140-143, 147, 152, 154,
156-158, 161, 171, 181-190, 193, 201-202, 204-208, 210, 213-214,
229, 234-237, 240-241, 244, 257
termination of from Merrill Lynch 80
Barton, Debbie 78, 108
Bazzelle, Joe 10, 12-13, 23, 27, 47, 50, 54, 134, 141, 156, 229-230
firing of 13
Bernard, Brett 111
Best Western 30, 193
Bible, the 85
Boyd, Tommy 201
Brainard, Lisa 56, 61, 137-138, 171, 185
Braver, Rob 210
Breeden, Richard 73-74
Brownies 2
Burning Down The House: The Fall of E.F. Hutton 264
Bush, President George 43

Cadillac 5
Carey, David 112
Carpenter, Carol 246
Cash Management Account (CMA)
description of 16
Cauthron, Judge Robin 114
Central State University 4
Champion, Gary 116-117, 129, 152, 167-172, 176-177, 180, 192, 201, 203,
209, 231, 240
Chicago, Illinois 3
Christian Methodist Episcopal church 1
Citicorp 73
Clark, Barry 10, 23, 27, 40, 47, 50, 54-55, 61, 67, 86-87, 96-97, 109, 113-115,
134, 137-138, 141, 145, 156-164, 182, 185-186, 210, 215-216, 229, 238,
241, 247
Code of Professional Responsibility 249
Concorde 5
Congress 73, 75, 146, 220
Conner, Leslie, Jr. 120-122, 127, 136, 147, 150-151, 156, 159, 163, 165, 179,
183, 192, 199, 206, 210, 238
Convention Hall 43
Cordell, Rich 30-31, 33, 135, 193
Court of Civil Appeals of the State of Oklahoma 257-258
Cub Scouts 2

Dafell Inc. 246
Daily Oklahoman, The 93, 95
Day, Bruce 94-100, 109, 111-112, 116, 118-127, 136, 145-156, 159-165,
167-169, 171, 178-181, 184, 189-196, 203, 205, 210-213, 217-218, 223-226,
228, 230-232, 250, 253, 255-258
Day, Edwards, Federman, Propester & Christensen 94
Dean Witter 77
Deline, Michael 21, 40, 49-50, 55-56, 59-61, 124, 132, 137-138, 144, 157-158,
160, 162, 210-211, 215, 235
Dicus, Jim 76-78, 89-90, 100-101, 140, 152, 181
Dineen, Robert “Bob” 21, 51-55, 57, 59, 61, 133, 155-156, 185, 212, 232, 244
Dingell, Congressman John 73-76, 101, 146-147
Dodd, James Craig 248-258

Edmond, Oklahoma 268
Edwards, Ellis 190-192
Eisenhower Junior High School 2
Ellis, Quinton, Jr. xv, xix, 10-11, 14-23, 25-26, 29, 31-32, 34-40, 45, 47-50,
53-55, 57, 60-61, 65-67, 69, 77, 86-89, 91-93, 95-97, 100-101, 104-106,
108-109, 111, 114-115, 117, 120, 125-126, 129-135, 137-143, 152, 154-158,
161-162, 170-171, 174, 179, 182-187, 189-190, 193, 201-202, 204, 206, 208,
213-215, 228-229, 234, 236-237, 240, 244, 246-247, 253, 255, 257-258
forced resignation as RVP from Merrill Lynch 86-88
Elvis 18
England 221
Enid News & Eagle 268
Enid, Oklahoma xvii, 6-7, 9, 11, 14, 21, 23, 26, 30, 38, 43, 48, 51, 56-57, 65, 77,
84, 127, 143, 172, 193, 219-220, 239, 246-249, 252-253, 268-269
Estate Planning Training Course 31, 40-41, 46, 79, 117, 129-130, 145, 153-154,
169, 240
Ethics seminar 69-70
Europe 5
Exxon Valdez 224

FBI 233
Federal Aviation Administration 1
Feightner, Kim 11, 16, 49-50, 56, 61, 137-138, 171-172, 213, 247
Fellowship of Christian Athletes 3
Fischer, Don 40-42, 52, 166
Ford 2
Fort Worth, Texas 92
Fortune 500 corporation 223
Freedom of Information Act 112

Garfield County, Oklahoma 93, 97, 113, 145, 255-257
Gibson, Dunn & Crutcher 264
Giuliani, Rudolph 48
GMC 224
Gore, Dick 88-89, 96, 98-99, 107, 109-110, 112, 119-120, 122-123, 127-128,
130-141, 143-147, 150, 156-159, 161-162, 165-167, 169-176, 178-192,
196-202, 205-209, 214-218, 220, 222-224, 233-234, 236-237, 239, 243, 245,
248
Graham, Sarah 13-14, 31, 45, 128-129, 149-150, 152, 165, 168-170, 176, 178,
180, 200-201, 203, 206, 209, 224, 230-231, 236, 240
Grand National Quail Hunt 14
Great Depression 3
Greens Country Club, The 5

Hall, (Governor) David 249
Hall, William T. “Bill” 16, 31, 35, 41, 46, 67-68, 79-80, 90, 103-104, 115-118,
126, 129-130, 140-142, 151-153, 165, 167-170, 172-176, 178-182, 189,
200-201, 203, 206-209, 213, 224, 227, 231-232, 236-237, 240, 262
Hammerman, Stephen xv, 30, 33, 44, 48-51, 61, 70, 80, 194-195, 202, 241,
261, 263-265, 268
Harley-Davidson 17
Harvard Law School 219
Heggy, Rod 111, 119-120, 256
Henry, Robert 250, 254
Humpty Dumpty 3-4

Japan/Japanese 84, 186
John Marshall High School 3-4
Jones, Stephen 15-16, 62-65, 68-69, 71-76, 83-84, 88, 95, 139-141, 143-144,
205, 212, 230, 232, 236, 244, 248-249, 257
letter to Oklahoma’s attorney general 74
letter to SEC 71-72
withdrawal from arbitration case 84
Joseph, Jock 77

Kansas 6
Keith A. Schooley v. Merrill Lynch, Pierce, Fenner & Smith 118, 136, 251
Key Club 3

Lake Tahoe 17, 20, 47, 67, 91
Lawsuit, filing of wrongful termination 93
Leadership Oklahoma Inc. 94
Life insurance license 13
cheat sheet 13-14, 16, 20, 26-27, 30-31, 36, 41, 45, 67-68, 78-80, 92, 115-116,
126, 128-129, 131-133, 135, 140, 142, 149-154, 160-161, 163-166, 168, 170,
172, 175, 178-181, 184, 189, 194-195, 200-206, 208-209, 211, 213, 217, 221,
225, 227, 230-231, 240-241, 262-263
Lincoln Savings and Loan 221
Little League baseball 2
Los Angeles, California 30, 111, 190, 224
Los Angeles Times 73
Loving, Susan 74

Mahaffey & Gore 88, 94, 96, 98-99, 121, 239, 241, 243
Mandel, Barry 50-52, 54-55, 57, 61-65, 95-96, 139-142, 155, 167, 184-185, 196,
200, 203-209, 212-213, 218, 224-225, 244, 262
Marriott 55
McAfee & Taft 111
McLucas, William 71, 74
McVeigh, Timothy 15, 258
Medallion Hotel 118-119
Meditz, Helmuth 29-41, 43, 45-48, 54-55, 59, 61, 70, 96, 135, 148, 154-155, 157,
184, 192-204, 207, 209, 214, 224-225, 234-235, 244-245, 262
Memorandum to Merrill Lynch, of reported wrongdoing 26-28
Merrill, Charlie xv-xvi, xviii, 272
Merrill Lynch Arkoma District 29, 87
Merrill Lynch Assessment Center 66
Merrill Lynch Branch Office Policy Manual 47, 131
Merrill Lynch Colorado Springs office 115
Merrill Lynch confidential hotline 19, 21, 26, 51, 122, 131-133, 143, 152, 184, 190,
221, 234
Merrill Lynch Dallas offices/personnel 13, 16, 20, 41, 46, 52, 67-68, 72, 80, 116-117,
128, 130-131, 133, 167-169, 172-173, 175-177, 181, 184, 190, 201, 203, 209, 240
Central Expressway office 173
San Jacinto office 168, 173, 240
Merrill Lynch Direct Broadcast Satellite (DBS) facility 55
Merrill Lynch directors, board of xv, 38, 40, 42-52, 54-55, 59, 61-62, 65, 72-73,
75-76, 78, 90-91, 94-97, 113, 118, 121-122, 124, 136-137, 144-149, 153,
155, 158, 160, 162-164, 172, 185-186, 188, 190-191, 196, 199, 203-205,
209-210, 214-215, 219, 222, 229, 232, 235, 241, 247, 261-265, 271
letter to 43-48
outside directors, letter to 261-265
Merrill Lynch Eastern Sales Division 29
Merrill Lynch Edmond office 268
Merrill Lynch Enid office 6-7, 9-11, 13-14, 17-18, 20-22, 25, 27, 30-31, 33, 37-41,
47, 49-50, 54-57, 60-67, 80-81, 86, 92, 96, 105, 108, 110, 112, 116, 126-127,
130-131, 133-135, 137-139, 141, 143, 157-162, 171, 182, 185-187, 189-190,
193, 208-210, 214-215, 217-219, 221, 235, 244-245, 247, 268-271
Merrill Lynch Guidelines for Business Conduct xvii, 12, 26, 44, 94, 127, 234, 255
Merrill Lynch Lawton office 17, 80, 135
Merrill Lynch Life Agency 13, 20, 46, 128, 131, 184, 189
Merrill Lynch Little Rock office 108
Merrill Lynch “New York” senior management xv-xvi, 14, 16, 19, 21, 24, 26-30,
32-38, 40, 44, 49-52, 55, 60-61, 63, 71-73, 75, 86, 92, 94-95, 101, 105, 109,
111-113, 115, 118-119, 121, 131, 135-136, 141, 144, 146, 149, 154-155,
183-184, 190, 192, 194-196, 198, 202, 218, 230, 239-241, 246-247, 257, 261,
263, 268-271
Merrill Lynch Oklahoma City Complex/office 9-10, 12, 14, 17-20, 22, 25-32, 34,
38, 40, 46-48, 55, 61, 63, 65-67, 77, 80, 86-87, 93, 108-109, 130-131, 133, 135,
137, 139-141, 143, 157-158, 161, 170, 174, 183-185, 187, 193, 202, 214, 237,
244, 268-269
Merrill Lynch, Pierce, Fenner & Smith 14, 97, 255, 258, 264
Merrill Lynch “Princeton” campus 21, 48-50, 55, 57, 61, 137-138, 194, 246-247
Merrill Lynch Professional Development Program (PDP) 11, 21, 216
Class 377 of 11
Merrill Lynch review committee 194-198, 202-203, 265
Merrill Lynch San Diego office 87, 91, 257
Merrill Lynch Supervisor’s Manual 65, 138, 244
Merrill Lynch Texoma District 14, 27, 29-30, 41, 45-46, 61, 115, 118, 124, 129,
151, 153, 209, 262
Merrill Lynch Tulsa office 67, 153, 170, 175-176, 179
Merrill Lynch We The People xv, 33, 44, 48, 264
Merrill Lynch Western Sales Division 12, 21, 25, 30, 35, 51, 66, 128, 133, 142
Merrill Lynch Wichita office 50, 86, 109, 160
Merrill Lynch World Financial Center 48, 50, 263
Metz, Kelli 77-78, 91, 108-109, 114, 186
Mihaly, Orestes 51-53, 55, 57, 61, 78-80, 103-104, 142, 155, 185, 196, 206, 209,
212, 235, 244, 262
Miles-LaGrange, Judge Vicki 258-259
Missouri 2
Muller, Tom, III 59, 66-67, 142, 183
letters from 66-67
MuniYield 15, 27, 46, 74, 91, 125, 129, 154, 156, 181, 188, 194-195, 204, 229, 236
Murphy, Patrick 19, 21, 26, 51, 132-133, 152, 240
Murrah, Alfred P., Federal Building 164

NASD 68, 70-72, 76-78, 80, 88-93, 96-97, 100-101, 104, 106, 110, 113, 123-125,
131, 140-142, 152, 181, 187-188, 191, 201, 225, 237, 253.
See also National Association of Securities Dealers
NASD District No. 5 76, 97, 100-101
District Business Conduct Committee (DBCC) of 97, 101
Nominating Committee of 97, 100-101
NASD Manual 97
National Association of Securities Dealers (NASD) 47, 151.
See also NASD
National Law Journal, The 224
NCAA 91
New Orleans, Louisiana 76-77
New York City, New York 30, 35, 37, 43, 48-50, 55, 57, 94, 111, 137, 155-157,
185, 192, 194, 196, 198, 212, 214-216, 219, 235, 240-241, 247, 257, 269
New York State Securities Commission/Department 195-196
New York Stock Exchange (NYSE) 35, 121, 195, 202, 225, 229.
See also NYSE
New York Times, The 224
Newark, New Jersey 50
Nixon, President Richard 62
NYSE 68, 71-73, 76, 105, 107, 112-114, 121, 123, 127, 131, 219, 225,
252-254. See also New York Stock Exchange
NYSE Rule 347 252

Oakwood Country Club 14, 16, 25, 130
Oklahoma Bar and Professional Liability Insurance Company 120
Oklahoma Bar Association 120
Oklahoma Blue Sky laws 227
Oklahoma City, Oklahoma 1, 4-6, 9, 15, 17, 34, 69, 77, 81, 87-88, 94, 97-98, 107,
110, 112, 116, 118, 130, 135, 142, 165, 170, 187, 193, 245, 258, 268-269
Oklahoma County, Oklahoma 249, 256-257
Oklahoma Department of Insurance/Oklahoma Insurance Commission 72, 76, 78-80,
101-104, 142, 149-153, 225, 262
Oklahoma Department of Securities 123
Oklahoma Insurance Commissioner 249
Oklahoma Insurance Deputy Commissioner 249
Oklahoma Insurance General Counsel 249
Oklahoma Journal, The 2-3
Oklahoma Republican Party 250
Oklahoma State University 4-5
Oklahoma Turnpike bond mailer 22
Oklahoma Uniform Arbitration Act 252
One Leadership Square 17

Pacific Stock Exchange 72
Paine, Jerry 76, 78, 101-104
PaineWebber 77, 87, 94, 168, 171, 187
Paris, France 5, 17, 19-21
Pearl Harbor 186
Pederson, Paul 246
Penn Station 55
Pennzoil 223
Perkins, Edwin J. xviii
Peters, Aulana 264
Pictorial, Inc. 40-41, 45, 52, 79, 102, 141, 145, 152-153, 166, 181-182, 194, 200,
203, 208-209, 224, 236, 240, 262
Pond Creek, Oklahoma 253
Preston, John 120-121, 218
Princeton, New Jersey 55, 115
Professional Reporters 245
Pru-Bache 134
Prudential Securities 10, 12-13, 23, 77, 94, 101, 156
Punt, Pass and Kick competition 2

Quail Creek Country Club 78
Quint Bucks 18-19

R. J. Edwards 190
Raghavan, Anita 113
Rainbolt, H. E. “Gene” 94
Ramada Inn 57, 245-246
Rauscher 92
Ritz 5
Roberts, Michael 257-258
Rockler, Alan 111, 165, 224-228
Roepke, Leo 29, 34-40, 45, 55, 60, 87-89, 92, 105, 108, 111, 135, 140-141, 148,
154, 196, 198, 237, 244
Rolex 5
Rotary Club 12
Rustad, Michael 219-224, 239, 242, 245, 272

Salomon Brothers, Inc. 75
San Diego, California 87
Schieren, George 50-51, 264
Schmidt, Art 88-89, 96, 98-100, 109-111, 118-119, 147, 217, 226-228, 234, 239,
243, 245, 248, 250
Schooley, Anne (Dempsey) 2, 243
Schooley, Brent 2
Schooley, Donna xvii, 5-6, 11, 23, 38, 49-50, 56, 61, 84-85, 127, 137-138, 142,
217, 247, 254, 267-269
Schooley, Jill (Ebaugh) 2, 5
Schooley, Tara 5-6, 11, 56, 85, 93, 268-270
Schooley, Tyler 5-6, 11, 43, 56, 85, 93, 159, 245, 268-270
SEC 73-76, 101, 105, 112, 123, 131, 141, 195, 207, 209, 225, 262, 264.
See also Securities and Exchange Commission
Securities and Exchange Commission (SEC) 71. See also SEC
Self-Regulatory Proceedings 70
Series 7 examination 11, 25, 52, 128, 233
Shearson/Shearson Lehman 77, 223
Sherman, Bob 14, 21, 29, 36, 46, 52, 61, 92, 95, 105-106, 108, 125, 129, 133,
141-142, 154, 171, 183, 188-189
Siberia 87
Siconolfi, Mike 113
Singapore Air 132, 205, 236
Smith, Tom 64-65
Smith Barney 94
Southwest Missouri State 1
Springfield, Missouri 1
Statue of Liberty 51
Stein, Paul 57, 60-61, 115, 137, 162, 171-172, 185, 214-215, 218-219, 245-248,
251-252, 255-256, 258-259, 271
Stong, Greg 55, 61, 137-138, 157-158, 160, 162, 210, 215, 235
Stroud, Oklahoma 92
Supreme Court of the State of Oklahoma 257-259

10th Circuit Court of Appeals 249-255, 258
Texas Department of Insurance 72, 104
Texas Securities Department 123
TGIF 39-40, 135, 253. See also Think Global and International Funds
Think Global and International Funds (TGIF) 39. See also TGIF
Thomas, Jack 20-23, 26-27, 31-32, 35, 38-40, 45, 48-50, 53, 55-57, 59-65,
71-72, 80-81, 87, 89, 95, 105, 115, 122, 131-135, 137-139, 143-144, 152,
156-164, 166-167, 171, 184-186, 189-190, 193, 195, 205-206, 208-215,
217-219, 221, 228-229, 231-232, 235-237, 240, 244-248, 251, 253, 255,
258, 271
Tour de France CMA contest 16-21, 26-27, 30, 47, 66-67, 91, 100-101, 104,
106, 125, 130-131, 141, 154-155, 157, 159-160, 166, 182-183, 189, 191,
194, 222, 236
Tully, Dan 30, 53, 67
Tulsa, Oklahoma 170
Tulsa University 4
Two Leadership Square 88

U-4 form 68, 253-254
U-5 form 65, 71-72, 76-77, 80, 123, 140, 208-209, 226, 236, 244
U.S. District Court of the Western District of Oklahoma 97-99, 114, 249, 251,
255-256
U.S. House of Representatives 220, 250
Committee on Energy and Commerce 73, 101, 147
U .S. Senate 48, 62, 220
University of Oklahoma (OU) 4

Vance Air Force Base 6
Vietnam war 249
Village, The, Oklahoma 1
VMS Mortgage Investors Fund 12-13, 23, 134

Wall Street xv-xviii, 6-7, 12, 48, 50, 69, 75-76, 80, 83, 86-87, 94, 100-101,
127, 199, 248
Wall Street Journal, The 6, 95, 101, 113, 224
Wall Street to Main Street xviii
Walters, Governor (David) 250
Washington Post, The 224
Waterford Hotel 34, 135
Watergate 105, 181, 188
Wichita, Kansas 10
Wiley, Eddie C. 104