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Tuesday, 12/27/2011 3:21:58 AM

Tuesday, December 27, 2011 3:21:58 AM

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General Electric Decides to Pay $70 Million Settlement Charges
................General Electric had decided to pay charges of total $70.4 million in penalties and damages following three ex-traders at a finance division involved in bid-rigging of municipal bonds.

It is one of five resolutions that the US Securities and Exchange Commission, Justice Department and state agencies have settled with financial companies accused with bid-rigging and the lowest up till now.

http://www.usamarketvoice.com/latest-happenings/7702/general-electric-decides-to-pay-70-million-settlement-charges.html
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