iBankCoin
Joined Nov 11, 2007
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Crime Pays as Bear Sterns Reaches a Settlement Over Shareholder Lawsuits; No Guilt Admitted and No Jail Time Administered

Crime pays in a world of cronyism as Bear Sterns settles a lawsuit for $275 million over omitting information and misleading investors over the firm’s financial position during it’s debacle to $0.00. No mention of guilt or jail time.

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