1/24/12 12:30pm

Crime and Punishment

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Parole Denied for Former Assistant at GVA Williams

An administrative assistant at GVA Williams who was convicted of swindling $3 million from former company executive Andrew Roos over the course of nine years was denied parole earlier this month, The Commercial Observer has learned.

Agnes Dickinson, 59, was ordered to continue her up-to-13-year prison sentence at a Jan. 12 parole board hearing, according to the New York State Department of Corrections. She has been incarcerated at the Bayview Correctional Facility in Manhattan since 2008, shortly after being convicted of grand larceny, forgery and money laundering.

“After a review of the record and interview, the panel has determined that, if released at this time, there is a reasonable probability that you would not live and remain at liberty without again violating the law, and your release would be incompatible with the welfare of society,” the parole ruling reads.  Read More

By Mike Taylor 10/01/10 12:08pm

Morning Roundup: Regulatory Supergroup to Play Debut Show

  • BMW will recall 345,000 cars due to flaws in the braking system. The recall also includes 5,800 Rolls Royce Phantoms. With all the rain, the roads are slippery, so be careful out there. [WSJ]
  • The credit default swaps market is indicating that leveraged buyouts are making a comeback. Corporate raiders, sharpen your scimitars. Read More

By Dana Rubinstein 1/26/10 5:01am

BMW Re-ups at 555 West 57th

Midtown Beemer owners, or aspiring Beemer owners, have another reason-aside from their ability to afford high-end German machines-to be content with their lives. BMW has decided to keep its Manhattan flagship store at its convenient 11th Avenue spot, signing a long-term renewal at 555 West 57th Street in one of the largest deals Read More