Bad PR

A public relations specialist passing along merger/acquisition tips to a former Lehman Brothers broker contributed to an insider trading scheme. Frederick Bowers pleaded guilty to conspiracy to commit securities fraud and fraud for his role in a program to profit $4.8 million. Perhaps a stiff fine and court-ordered community service will redeem Mr. Bowers image. Read more from Investment News here. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090917/FREE/909179993/1094/INDaily01

September 21, 2009 In: Uncategorized Comments (None)