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Brit bankers get American plea bargained justice in Enron-related sentencing

By Douglas A. Berman

This new post at the WSJ Law Blog, titled "NatWest Three Get 37 Months Each," covers this interesting Friday afternoon sentencing story:The curtains are closing on the corporate-law drama of the ages.  And three of its final players, we discovered this afternoon, are poised to exit the stage.  The NatWest three ? the trio of British bankers who were extradited to the U.S. in mid-2006... ? received their sentencing today. David Bermingham, Giles Darby and Gary Mulgrew will each serve 37 months.  Here?s the early AP report, and a report from the Houston Chronicle. The Three ? who were charged with colluding with ex-Enron CFO Andy Fastow and his lieutenant Michael Kopper to steal money from their former employer, Greenwich NatWest, now part of RBS ? changed their plea from not-guilty to guilty back in November...continue to full post

Full post as published by Sentencing Law and Policy on February 22, 2008 (boomark / email).