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Thursday, November 08, 2007

 

Current Event Post-Time Warner Settles Fraud Charges with Justice Department

Time Warner decided to pay $210 million dollars to settles fraud charges with America Online's unit.Under terms of the settlement with the DOJ, prosecution on charges of aiding and abetting securities fraud will be deferred for two years provided that the media giant cooperates in an ongoing investigation into whether AOL improperly helped smaller Internet companies artificially inflate their earnings.

posted by A Phillips @ 10:39 AM permalink
Comments:
What is the significance of this news item? Don't just post the facts, add some analysis, discussion, interpretation.
# posted by Blogger A. Mattson : 9:51 PM
 
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