Thursday, October 29, 2009

CDR faces charges

The Beverly Hills firm that was part of a federal investigation that made Gov. Bill Richardson drop his bid to be Commerce secretary was indicted Thursday for what prosecutors say was a bid-rigging scheme in the municipal bond business, the Associated Press is reporting. Two CDR firm executives also were indicted.

Read more here.

This is unrelated to the alleged pay to play case involving Richardson, the story says.

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