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Mr. Rattner settled for $10 million and a ban from working with New York State pension funds for five years, none of which has prevented him from continuing his role of managing Mr. Bloomberg's money.
For too long, a small rotten core has got away with either a slap on the wrist, a ban from working in their own industry or, at most, a time-limited ban.
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The government offered no justification for the pardon, which commuted a three-month prison sentence and a temporary ban from working as a banker into a fine.
LISBON — Spain's departing Socialist government granted a pardon on Friday to Alfredo Sáenz, chief executive of Banco Santander, commuting a three-month prison sentence and a temporary ban from working as a banker.
LISBON -- Spain's departing Socialist government granted a pardon on Friday to Alfredo S z, chief executive of Banco Santander, commuting a three-month prison sentence and a temporary ban from working as a banker.
As a result of his plea agreement and cooperation with the SEC, Boesky received a sentence of three and one-half years in prison, a $100 million fine, and a permanent ban from working in the securities industry.
Mr. Blodget, who quit Merrill in November 2001, later agreed to pay $4 million and accept a permanent ban from working in the securities industry.
Mr. Cunningham also agreed to a two-year ban from working in the industry, and a five-year ban from serving as an officer or director in the securities industry.
The case was settled with no admission of guilt, with Blodget paying a $2m fine plus a $2m disgorgement and agreeing to a censure and permanent ban from working in the US securities industry.
Speaking by phone from Tehran, Sotoudeh's husband, Reza Khandan said that his wife's ban from working as a lawyer had been reduced to 10 years.
PAGE A14 Mob Tied to Trash Profits A businessman banned from working in the New York City waste industry stands to profit from the plan for closing Fresh Kills.
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