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Is Political Corruption Securities Fraud?

You remember Matt Levine s mantra in his Money Stuff column on Bloomberg: everything is securities fraud? You know the basic idea, he says, a company does something bad, or something bad happens to.

Is political corruption securities fraud? | Cooley LLP

SEC charges ComEd, former CEO in Madigan scandal

The Commonwealth Edison scandal engulfing indicted former Illinois House Speaker Michael Madigan is now costing its parent company, Exelon Corp., $46.2 million in penalties.

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