E.U. Regulators Raid Intel Offices Antitrust regulators raided the Munich office of Intel Corp. searching for evidence that the company may have broken cartel or monopoly rules, the European Commission said.... Read Full Article Missile Attack, Possibly By NATO, Kills 8 In Pakistan Eight suspected Islamic militants were killed by missiles that appeared to have been launched from NATO-held territory in Afghanistan.... Read Full Article If The Fish Liver Can?t Kill, Is It Really A Delicacy? Powerful interests in Japan’s fugu industry are fighting to keep the ban on fugu livers even from poison-free fish.... Read Full Article Fannie Mae To Withhold Bonus Pay For 46 Fannie Mae will withhold $44.4 million in long-term incentive pay to former and current executives, the company said.... Read Full Article Analysis: Seminary Attack Highlights Jerusalem’s Vulnerability After weeks of empty rhetoric and very little active diplomacy, America’s peace efforts in the Middle East have now come to a crossroads.... Read Full Article |
Charges Dismissed Against Ex-BankerA former Bear Stearns municipal bond banker yesterday won dismissal of federal criminal charges that he was involved in a kickback scheme tied to the construction of a hospital in the Chicago area. The banker, P. Nicholas Hurtgen, was indicted in 2005 on charges of wire fraud, mail fraud and extortion. He was accused of helping a member of the Illinois Health Facilities Planning Board force the hiring of a politically connected construction company to work on medical buildings. Judge John F. Grady of Federal District Court in Chicago said that the Justice Department claimed that Mr. Hurtgen was involved in only one transaction and failed to show that he knew anyone expected a kickback. “Certainly knowledge is an essential element of extortion,” Judge Grady wrote. “The mail and wire fraud counts against Hurtgen must be dismissed for failure to allege an offense.” Tag CloudExternal InformationAdditional InformationMcDonald’s Ending Promotion on Jackets of Children’s Report Cards...Queen of Diamonds continues her quest... Cars Outsell Light Trucks for First Time Since 2002... Clarion’s £125m event... Where Am I?News Main Page - Business - Charges Dismissed Against Ex-Banker |
i8news.com |