Friday, April 21, 2006

First Bank to Settle I.P.O. Suit - New York Times

This one fits in perfectly with a recent class discussion on how Investment Bankers might "bribe" firms' CEOs for future business. From the NY Times:First Bank to Settle I.P.O. Suit - New York Times:"J. P. Morgan Chase said yesterday that it would pay $425 million to settle its part of a class-action lawsuit that contends dozens of banks cheated investors out of hundreds of millions of dollars

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