CDR Financial Products Inc. and its founder, David Rubin, pleaded guilty less than a week before trial on charges tied to a federal investigation of bid- and auction-rigging in the municipal bond market. See more here: CDR Financial, Founder Rubin Plead Guilty in Bid-Rigging Case
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Guilty plea in muni bond indictments
December 31, 2011
A politically connected financial firm and its founder have pleaded guilty to taking part in fraud and bid-rigging conspiracies related to the municipal bond business. Read the rest here: Guilty plea in muni bond indictments