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Legal Commentary

: Houston's Clear Thinkers

Remember Refco?

By Tom Kirkendall

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refco 042108 Amidst the current turmoil in the financial markets, the recent conviction on criminal fraud charges of a former Refco Inc executive barely registered on the radar screen. The details from the meltdowns from years past are just old news now.

However, the criminal conviction and plea deals arising from the Refco affair still leave a troubling question unanswered -- why did Refco's owners take it public in the first place?

Full post as published by Houston's Clear Thinkers on April 21, 2008 (boomark / email).

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Lawsuits and Settlements

Refco
Ex-CEO Gets 16 Years

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