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Ex-JC Flowers Exec Barred From Biz, Fined $4.5M For Scam

By Samuel Howard (January 31, 2012, 1:28 PM EST) -- The U.K.'s financial services watchdog has banned former head of private equity firm JC Flowers & Co. LLC's London office from the industry and fined the one-time dealmaker £2.9 million ($4.5 million) for defrauding a portfolio company, the regulator announced Tuesday....

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