Lehman bankruptcy judge charged with spousal abuse


The unwinding of the Lehman Bros. failure was complicated and drama-filled enough without the bankruptcy judge in the case -- 63-year old James M. Peck -- upping the ante.

The New York Times
reports that he was arrested and charged with third-degree attempted assault and second-degree harassment on Sunday afternoon. He is accused of slapping his wife, Judith, in the face and causing bruising.

Peck reportedly told police that he and wife began arguing after she arrived home late from the Hamptons and both hit each other. By the time police arrived, they were in separate rooms.

The argument started over a ladder that Mr. Peck was removing from a closet. "I was moving the ladder out. She slapped me in the face," he told cops. "I put the ladder down and slapped her back. We slapped each other back and forth." How mature. The couple has been married for 42 years

It's impressive that Peck has been able to keep his allegedly violent impulses at bay while navigating through one of the most complex bankruptcies in history -- with a cast of characters who denied any wrongdoing.

It's not yet known whether this will have any impact on the Lehman Bros. fiasco, but it would seem to be something of a credibility killer.

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