Stockman Is Charged With Fraud
© Copyright Frank D. Kanu 2000-2008
You do not know who Stockman is?
David A. Stockman, a chief architect of President Ronald Reagan’s economic revolution turned Wall Street money man, was indicted Monday on charges of conspiracy, securities fraud and obstruction of justice.
Stockman, 60, who faces the prospect of three decades in prison, is accused of defrauding investors and banks during his stewardship of Collins & Aikman, a large Southfield, Mich., auto-parts maker that descended into bankruptcy in 2005.
Technorati (All Links are external): accused banks chief architect conspiracy economic revolution faces investors money man obstruction of justice president ronald reagan securities fraud stewardship stockman street money three decades wall street business ethics leadership politics
You do not know who Stockman is?
David A. Stockman, a chief architect of President Ronald Reagan’s economic revolution turned Wall Street money man, was indicted Monday on charges of conspiracy, securities fraud and obstruction of justice.
Stockman, 60, who faces the prospect of three decades in prison, is accused of defrauding investors and banks during his stewardship of Collins & Aikman, a large Southfield, Mich., auto-parts maker that descended into bankruptcy in 2005.
Doesn’t this leave a bitter taste?
What would President Ronald Reagan say?
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accused banks chief architect conspiracy economic revolution faces investors money man obstruction of justice president ronald reagan securities fraud stewardship stockman street money three decades wall streetTechnorati (All Links are external): accused banks chief architect conspiracy economic revolution faces investors money man obstruction of justice president ronald reagan securities fraud stewardship stockman street money three decades wall street business ethics leadership politics
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11:28 on Tuesday, March 27th, 2007
13:03 on Tuesday, March 27th, 2007