The Post looks at revolving door issues in this article about Wall Street and financial regulatory reform.
Month: June 2010
Attempted extortion plea for former state senator in Mass.
According to a Boston Globe report, Dianne Wilkerson pleaded guilty to attempted extortion yesterday. Wilkerson listened intently as a prosecutor detailed for more than 20 minutes how she took eight cash payments in 2007 and 2008 from a witness cooperating with the FBI and from undercover agents. The money was to secure a liquor license for […]
Diebold and former execs hit with fraud case
The Securities and Exchange Commission issued a press release yesterday in a matter involving voting machine manufacturer Diebold and some former company executives. “Diebold’s financial executives borrowed from many different chapters of the deceptive accounting playbook to fraudulently boost the company’s bottom line,” said Robert Khuzami, Director of the SEC’s Division of Enforcement. “When executives […]