Three former executives of General Electric (GE) affiliates were convicted by a federal jury in...

Three former executives of General Electric (GE) affiliates were convicted by a federal jury in New York of conspiracy charges related to bid-rigging contracts in the municipal bond market. The convictions are the result of an ongoing investigation by the DoJ's New York Office, and each of the charges carries a maximum penalty per count of five years in prison and a $250,000 fine.

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Comments (14)
  • bluegillfish
    , contributor
    Comments (42) | Send Message
    11 May 2012, 08:40 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
    Wow, about time some prosecutions of big company corporate executives were finally undertaken.
    11 May 2012, 08:47 PM Reply Like
  • doc47
    , contributor
    Comments (1800) | Send Message
    Crucify them upside down in front of the NYSE and let them rot there!
    11 May 2012, 09:01 PM Reply Like
  • GroverW
    , contributor
    Comments (2) | Send Message
    They had to take one for the team, I guess. I am sure the jury was very sympathetic to these guys...not.
    11 May 2012, 09:16 PM Reply Like
  • moish458
    , contributor
    Comments (3) | Send Message
    I'm sure that they will be given the maximum penalty provided by law as an example to other miscreants who might try to do similar criminal acts and I am also sure that I will win the next mega million
    lottery. America is a great country where money can buy you almost anything except honor and respect.
    Bud Wolf
    11 May 2012, 10:11 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
    Some small fish. What about Corzine, Goldman and other big fish?
    11 May 2012, 11:20 PM Reply Like
  • ebeuu
    , contributor
    Comments (382) | Send Message
    You're correct to bring those up in this context, lest anyone forget.
    12 May 2012, 03:04 AM Reply Like
  • warrenrial
    , contributor
    Comments (550) | Send Message
    We bring good things to life.
    11 May 2012, 11:38 PM Reply Like
  • surfnspy
    , contributor
    Comments (406) | Send Message
    I agree with Mike... Where the F is Corzo the Clown!?!?
    12 May 2012, 03:13 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
    GE execs are sacrificing whole chickens about now to thank the gods that watch over their black hearts for JPM stealing their rightful headlines...
    12 May 2012, 04:17 AM Reply Like
  • Josh Krause
    , contributor
    Comments (1356) | Send Message
    Maybe they should have planted some Coke on them, then they could go away from 20 years.


    White collar crime sentences are a joke.
    12 May 2012, 10:23 AM Reply Like
  • Joe Dirnfeld
    , contributor
    Comments (1124) | Send Message
    Immelt is also a cook in my view, though Obama protects him. He needs a cook in the white house. Calling somebody a cook is not slander.
    12 May 2012, 12:05 PM Reply Like
  • David INC.
    , contributor
    Comments (235) | Send Message
    Wow, Just goes to show how good these guys are a protecting each other...Now thats Family!!
    13 May 2012, 01:37 PM Reply Like
  • TwistTie
    , contributor
    Comments (2429) | Send Message
    Mr. Corzine is now baking bread in southern Italy.


    Apparently, his bread is so good that the Italian government is giving him asylum.


    Rumor has it that there is a tiny bit of gold in each loaf he bakes.
    14 May 2012, 01:22 PM Reply Like
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