Three more executives indicted in LCD price fixing scheme
By Richard Lawler 
posted Feb 4th 2009 10:26AM
posted Feb 4th 2009 10:26AM
Protip, if you were involved in LCD price fixing between 2001 - 2006, just turn yourself in because the U.S. Department of Justice is still coming. To the surprise of anyone who thought the last couple months of guilty pleas and fines were the end, a DOJ statement today spells out indictments returned by a federal grand jury in San Francisco against two former Chungwha Picture Tube execs and one from LG Display. All the legal details in the case against Cheng Yuan Lin, Wen Jun Cheng and Duk Mo Koo are in the statement beyond the read link, but hey man, we're still waiting on our refunds.[Via Reuters]
Of course they will keep coming because they still collude to fix prices! They are just not as bold about it now.
and you forgot Fuk Mi Wan, and Yee Mai Bao.......................LOL
The economy is doing terrible and these greedy corporate execs are still up to these dirty tricks! I say don't send them to "club fed" like they typically do, no more "white collar" crimes categorization. They'll just end up honing their tennis playing skills and get back to the country club in a year or two. A crime is a crime, someone is still getting ripped off. A pick pocket get's sent to regular jails with murderer, rapists, etc. Send these guys there too, maybe it will make the rest of these corporate fat cats think twice before reaching into our pockets!
You obviously have no idea what you're talking about.
Rich people are better than you and me, they deserve better too.
Sure, they might make mistakes every once in a while, but they shouldn't be held accountable for their mistakes or crimes against humanity... cause they're rich.
Kwit h8n
LCD prices dropped steeply between 2001 and 2006. However since 2006 the prices haven't dropped much. If there was some of this price fixing going on, it seems to have not been very successful. I guess the executives can't trust each other.
I have yet to buy one. I see no reason to replace my 25" 1998 TUBE TV that, quite frankly, displays a better picture than any MANIPULATED display in Best Buy or Circuit City... And dont tell me that they dont tweak those displays so one LOOKS better than the other. The price isnt the only thing having been manipulated - the people have. I wont be any part of it.
Keep telling yourself that.
Keep telling yourself that.
Any word about Leung Duc Dong?
Is it just me, or does the eagle in the DoJ's seal look like it is defecating arrows onto a national shield?
He's got Irritable Bowel Syndrome, leave him alone!