The former chief operating officer and chief credit officer of a California-based bank that went bust must spend more than eight years in prison, a federal judge ruled Tuesday.
A judge “strongly” recommended that Patriot Coal Corp.’s buyer and its miners’ union keep engaging in bargaining talks, Daily Bankruptcy Review reports via The Wall Street Journal.
Just more than a year since his 11th-hour move to resurrect Crumbs Bake Shop Inc., investor and television personality Marcus Lemonis announced that he’s selling his stake in the bakery.
