▁Buff ett , ▁who ▁through ▁Ber k shire ▁H ath away ▁had ▁recently ▁acquired ▁a ▁$ 7 0 0 ▁million ▁preferred ▁equ ity ▁position ▁in ▁Sal omon , ▁act ively ▁interven ed ▁to ▁protect ▁his ▁invest ment , ▁including ▁briefly ▁serving ▁as ▁CE O ▁of ▁Sal omon ▁Brothers . ▁As ▁a ▁result ▁of ▁the ▁sc andal , ▁G utf re und ▁and ▁other ▁senior ▁man agers ▁of ▁Sal omon ▁were ▁forced ▁to ▁res ign ▁in ▁ 1 9 9 1 . ▁ ▁From ▁January ▁ 2 0 0 2 , ▁G utf re und ▁was ▁Senior ▁Man aging ▁Director ▁and ▁Executive ▁Committee ▁Member ▁of ▁the ▁invest ment ▁bank ▁C . E . ▁Unter berg , ▁Tow bin . ▁He ▁was ▁also ▁President ▁of ▁G utf re und ▁& ▁Company , ▁a ▁New ▁York - based ▁financial ▁consult ing ▁firm ▁that ▁special ized ▁in ▁advis ing ▁corpor ations ▁and ▁financial ▁institutions ▁in ▁the ▁US , ▁Europe ▁and ▁Asia . ▁ ▁Leg acy ▁G utf re und ▁was ▁featured ▁prom in ently ▁in ▁the ▁ 1 9 8 9 ▁book ▁Li ar ' s ▁P oker ▁by ▁Michael ▁Lewis , ▁a ▁former ▁employee ▁of ▁Sal omon . ▁G utf re und ▁would ▁later ▁tell ▁Lewis ▁that ▁" Your ▁f uck ing ▁book ▁destroyed ▁my ▁career , ▁and ▁it ▁made ▁yours ." ▁ ▁The ▁U J A - F eder ation ▁of ▁New ▁York ▁hon ored ▁him ▁for ▁his ▁char itable ▁activities ▁and ▁contributions . ▁ ▁Personal ▁life ▁G utf re und ▁was ▁married ▁twice :