https://fsinvestments.com/fs-people/ryan-caldwell/
Dude got fast and loose with a 40 billion dollar fund that blew up. It devastated the company's AUM so much we are still trying to rebound. Had that guy not ****ed up asset strat Waddell & Reed wouldn't be small enough to buy.
He jumped ship at the perfect time though and has done fine for himself. Tip of the cap to him for that I guess.