Thursday, April 21, 2005

Thirty Months In Prison For Merrill's Former Head of Investment Banking

According to the former head of investment banking at Merrill Lynch who was convicted of taking part in Enron's bogus sale of power barges to the brokerage has been sentenced to two and a half years in prison, plus 6 months probation and a $840,000 fine.

So much for the courts going light on those involved in the corporate scandals.