Wednesday, January 5, 2011

Cameron Co. Gets Money from Settlement

The Cameron County School District will receive more than $160,000 as a result of a bid-rigging settlement with Bank of America.

Between 1998 and 2003 Bank of American along with other financial institutions rigged bids, causing school districts and municipalities to enter into contracts that cost more or earned less than they should have in a competitive marketplace.

The St. Marys Area School District will receive more than $35,000.

http://attorneygeneral.gov/press.aspx?id=5913

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