2nd Ex-CDR Employee Cops To Conspiracies

Law360, New York (March 12, 2010, 4:24 PM EST) -- A former CDR Financial Products Inc. employee has pled guilty to taking part in bid-rigging and fraud conspiracies related to contracts for the investment of municipal bond proceeds and other municipal finances, making it the second plea deal generated by a federal probe into the municipal bond industry.

Matthew Adam Rothman pled guilty to two conspiracy counts and one count of wire fraud and agreed to cooperate with the ongoing investigation on Thursday in the U.S. District Court for the Southern District of New York....
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