Alexander Chatfield (Lex) Burns: The Sequel

A post earlier today described the travails of Alexander Chatfield Burns — the high-flying New Yorker who, according to the Wall Street Journal, may be implicated in multi-million dollar problems at his former company, Southport Lane Management.

Alexander Chatfield Burns today... (Photo/WSJ.com)

Alexander Chatfield Burns today… (Photo/WSJ.com)

Burns did not go to Yale, as he claimed. He said he grew up in Westport, but no one here had heard of Alexander Chatfield Burns.

That’s because he went by the names “Lexy” (Coleytown Elementary and Middle Schools) and “Lex” (Staples).

He was in Staples’ Class of 2005, several classmates and parents confirm. However, his photo does not appear in the Staples yearbook — nor is he listed as a senior without a photo.

His photo is shown in the Class of 2004 yearbook, as a junior. That year — as commenter Jeff Mitchell notes — the Norwalk Hour listed him as a 2nd honors student.

...and Alexander (Lex) Burns as a junior, in the 2004 Staples High School yearbook.

…and Alexander (Lex) Burns as a junior, in the 2004 Staples High School yearbook.

One parent recalls him as being “brilliant — really ‘out there’ smart” at Coleytown Middle. She adds: “I think he may have won a huge award for coming up with some new idea having to do with fuel or gases or something. It was a big deal in the science world.”

She says that he went on found a New York film-making company that was very successful, “considering his young age and the short period of time he’d been working on it.”

Somewhere over the next few years, it seems, he turned his attention to Wall Street. The results are not good.

9 responses to “Alexander Chatfield (Lex) Burns: The Sequel

  1. Susan Hopkins

    “Out-there brilliant” or not … Alex/Alexander/Lexy gives me a massive case of the creeps in a David Berkowitz kind-of-way.

  2. Holly Wheeler

    I agree with Susan.

  3. Whatever Lexy then or now is, has been, or will become he is no more a “Son of Sam” killer than most of your other subjects or commenters.

  4. Young age should not arouse suspicion. (Has anyone noticed Silicon Valley.) The cautionary tale here regards — once again — mostly middle-aged financial executives who fail to do their due diligence and buy into something they most likely don’t understand. And, after all, they are buying into it with Other Peoples’ Money.

  5. Sharon Paulsen

    Agree with Holly and Susan, LOL, but only in that sometimes “genius” comes off as “crazy”. Their minds are packed and moving at the speed of light, and sometimes to their detriment.
    Also agree with Blau – do your research! (Although, with the Bernie Madoff thing, seems like the truth was hidden very VERY well – just look at how many intelligent people where “had” in that mess, right?).

    Great Post – love a little intrigue now and again!

  6. Eric Buchroeder SHS '70

    There seems to be little evidence of personal integrity in his life (at least as it appears in this article).

  7. Lexi was a student of mine. Although he had a brilliant mind it jumped around and frequently did not connect the dots, I believe he came up with all these brilliant ideas and did not think of the consequences.

  8. Andrew F. Staples '03

    I remember Lex quite well. I was the other kid who enjoyed learning about investments. I quickly noticed that Lex was more interested in impressing people than chatting about investments. He bragged about working for a trading firm and that he found mistakes in a Nobel Prize winning options theory. He also claimed that he could place a $2,000,000 trade from the school computers for the trading firm he worked for and that his mom taught at Wharton. It’s sad that even at a young age he felt a constant need to impress.

  9. Andrew, I think his mom did teach at Wharton.