"The U.S. attorney for the Central District of California said Thursday Bruce Karatz faces several counts of mail, wire and securities fraud and making false statements in reports filed with securities regulators."
"The U.S. attorney for the Central District of California said Thursday Bruce Karatz faces several counts of mail, wire and securities fraud and making false statements in reports filed with securities regulators."
But really, when you dangle the HUGE bonuses that these guys get (10s of millions) and , back then, there was little incentive to "to do the right thing". They were making money in any direction they went, doing the right thing was not even in their mind.
