The pleas entered today are admissions of guilt in one of the largest corporate accounting fraud schemes on record. This apparent but ephemeral performance by the company propped up its stock price, causing investors to suffer untold losses when the scheme collapsed.
More Quotes from Mark Mershon:
We think this is truly a body blow, not only to the (Genovese family) membership, but the leadership of the Bronx component of this operation.Mark Mershon
It delivers an absolute body blow to their Bronx operation.
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Twenty-four hours ago, he (Campbell) was just an 18-year-old gainfully employed, working toward his future. Today he stands charged with a federal offense.
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They had their say by telephone and then we had them back out of the room, shirtless, hands in the air, no weapons on them.
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The Genovese crime family was the most powerful of the traditional five families.
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