Former Republic Windows & Doors CEO held on $10M bail (Chicago Sun-Times)

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Richard Gillman, the former CEO of the shuttered Republic Windows & Doors, was ordered held in lieu of $10 million bail this afternoon for engaging in a scheme to bankrupt his own company, leaving 200 employees without jobs or severance. The unusually high bail enraged Gillman’s attorney Ed Genson, who questioned why Cook County Judge Peggy Chiampas ignored prosecutors’ suggested bail of $500 …

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This article was written by admin on September 14, 2009


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