Prosecutors Bungled Bid-Rigging Probe Of GE Execs: Attys

Law360, New York (December 2, 2011, 9:42 PM EST) -- Defense lawyers on Friday accused the federal government of using questionable tactics in an undercover operation that forms part of a municipal bond-related criminal bid-rigging case against former executives of a General Electric Co. finance unit and broker CDR Financial Products.

The government was looking for evidence that GE executives and several brokers conspired to rig interest rates on investment products sold to states and municipalities that had unused bond revenue to invest.

In secretly taped recorded conversations, government cooperators probed for information about conversations that...
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Case Title

USA v. Rubin/Chambers, Dunhill Insurance Services, Inc. et al


Case Number

1:09-cr-01058

Court

New York Southern

Nature of Suit

Date Filed

October 29, 2009


Case Title

Magistrate judge case number: 


Case Number

1:10-cr-01217

Court

New York Southern

Nature of Suit

Date Filed

December 9, 2010


Case Title

USA v. Carollo et al


Case Number

1:10-cr-00654

Court

New York Southern

Nature of Suit

Date Filed

July 27, 2010

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