Monday, December 1, 2008

It's about time

Larry Langford was arrested this morning on federal charges.

A special grand jury for several months has been investigating county bond deals and Langford's financial dealings. Langford was Jefferson County Commission president 2002-06...The [Langford] indictments are under seal, so details of the charges are not available.

Langford, LaPierre and Montgomery investment banker Bill Blount are accused in a U.S. Securities and Exchange Commission lawsuit of not disclosing $156,000 in payments to Langford. The SEC has accused Blount of paying Langford through LaPierre as part of a plan to secure Jefferson County financial business when Langford was Jefferson County Commission president.

It's more bad publicity for Birmingham, but at least (hopefully) this crook will be brought to justice.

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