Monday, July 17, 2006

Mario settles

It cost him $130,000,000 but the fraud suit lodged against Mario Gabelli etal is over. R.C. Taylor, the whistleblower who filed the suit, will get $32,200,000.

1 comment:

R J Adams said...

Justice is seen to be done - though the practice of paying up to avoid jail time is far too common among those who own vast wealth, in my humble opinion.

Thanks for keeping us all informed on that one.