Friday 11 May 2012

Three former GE affiliate executives convicted of fraud

NEW YORK (Reuters) - Three former executives of General Electric Co affiliates were convicted by a federal jury in New York of conspiracy charges related to bid-rigging contracts for the investment of municipal bonds, the U.S. Department of Justice announced.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/dPC28bl4A6U/us-ge-fraud-idUSBRE84A1EG20120511

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