Birmingham, Alabama Mayor arrested on bribery and fraud charges

Posted on December 2, 2008 by Houston Personal Injury Attorney

Birmingham, Alabama Mayor Larry Langford was arrested Monday on bribery and fraud charges for allegedly steering millions of dollars of Jefferson County bond work to a friend in exchange for more than $230,000 in bribes. Langford, his friend Montgomery investment banker Bill Blount, and lobbyist Al LaPierre are all charged with charges including conspiracy, bribery, fraud, money laundering, and filing false tax returns. Langford is accused of telling Wall Street firms JP Morgan, Goldman Sachs, Bank of America, and Lehman Brothers they had to let Blount's investment banking firm in on the deal if they wanted to handle the county's bond work.

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Former CEO of Enron's broadband division my get prison term of up to 16 months

Posted on October 13, 2008 by Houston Personal Injury Attorney

The former chief executive of Enron's broadband division is slated to plead guilty today to a single count of wire fraud, a federal felony, rather than face a jury a second time.

Joseph Hirko was scheduled to be retried alongside Rex Shelby, a former top software executive, in December this year — more than three years after their first lengthy trial ended with a handful of acquittals, no convictions and jurors hung on dozens of other counts.

Read the full story in the Houston Chronicle article "Guilty plea likely in Enron case".

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