Saturday, March 3, 2012

Judge fines ex-CEO of Brookstreet Securities $10M (AP)

[unable to retrieve full-text content]AP - A federal judge has fined the former CEO of a defunct California brokerage firm $10 million for alleged civil fraud in selling risky mortgage securities to unsophisticated retail investors in the years before the housing market collapsed.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120302/ap_on_bi_ge/us_brookstreet_securities_ex_ceo_fined

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