It's being reported that David Stockman, former Reagan Administration OMB Director, Rethug Congressman, and voodoo/ trickle down economics acolyte, has been indicted with three associates for bank fraud, conspiracy to commit securities fraud, making false statements, making false entries, and lying to auditors. The charges stem from actions Stockman is alleged to have taken while he was on the board of directors, and for a while chairman, of Collins & Aikman Corp. The indictment was announced by U.S. Attorney Michael Garcia (uh, Mr. Garcia, you might want to duck -- 'Berto may be comin' to getcha!!).
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