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Feds drop case against fmr. Reagan aide

 

Published 1/9/2009 by Domenico Montanaro at First Read

From NBC's Pete WilliamsFederal prosecutors have decided to drop their case against David Stockman, the former Reagan budget aide. Stockman and three others were accused of securities fraud last year in connection with the bankruptcy of one of North America's biggest auto parts companies. Stockman was the former chairman and chief executive officer of Michigan-based Collins & Aikman Corp.  They were all accused of making false statments to auditors, among other allegations. But today,...( read more ) (link)

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