Jesse Jackson’s Son Resigns From Drexel Internship

A son of the Rev. Jesse Jackson resigned his summer internship at Drexel Burnham Lambert Inc.’s Beverly Hills-based “junk bond” office Tuesday, the company said.

Jonathan Luther Jackson, second son of the former Democratic presidential candidate, was an intern in the credit research department, said Drexel spokesman Steve Anreder.

“He had been there for awhile but he decided to leave,” Anreder said. “He’s got some personal family matters to attend to.”

The spokesman didn’t say when Jackson started the internship.

Jackson planned to be a graduate student in business at Northwestern University in Chicago in the fall, Anreder said. His resume shows him to be a graduate of North Carolina Agricultural & Technical State University.

His Drexel employment was reported in the May 26 issue of Grant’s Interest Rate Observer, an investor newsletter covering credit markets.

Drexel agreed in January to pay the government $650 million to settle civil charges of insider trading.