Three former employees of a General Electric Co. unit were sentenced to prison terms Thursday after they were convicted of criminal charges earlier this year in a broad conspiracy to rig bids on investment contracts for municipalities. Federal prosecutors alleged that Dominick Carollo, a supervisor...
FULL ARTICLE AT Asian Wall Street Journal
GE Capital unit, where prosecutors say they colluded with counterparts at other firms to rip off bond issuers. Two men -- Dominick Carollo and Peter Grimm -- received three years in prison, while the third, Steven Goldberg, got four years.
If you want to add your voice and contribute to this existing news event, use the event code
(Event Code: @13215686), that you will find on each news event page, as the first word of the
SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@13215686 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
The first word of the message should be @13215686 (event code), to make sure the system attaches
your voice to the right news event.
This beta report credibility rating is intended to help our community sort through uncensored citizen media reports. For more information, see the Report Credibility section in our FAQ