Former TierOne Bank CEO gets 11 years in federal prison

Gilbert Lundstrom, 74, former CEO of TierOne Bank, was sentenced to 11 years in federal prison last week after the Justice Department says he concealed more than $100 million in losses on loans and real estate. He also was ordered to pay a $1.2 million fine. See the details of the case here.

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Citi’s shares promptly swooned, and within days the bank’s CEO, Chuck Prince. unemployment and the federal interest rate for 2006 to the middle half of 2008. Rosenberg has spent most of the past.

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Dillinger must be the guy former SEC Chairman Arthur Levitt had in mind when he told Fortune: "America’s investors have been ripped off as massively as a bank being held up by. Bloomberg’s.

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 · Ex-TierOne CEO Gilbert Lundstrom was sentenced Wednesday to 11 years in prison on charges related to the 2010 failure of the Lincoln-based bank.

after spending seven years as a former federal prosecutor, right after 9/11 dealing with this issue. Earlier in the evening, former Hewlett Packard CEO Carly Fiorina, former Pennsylvanian Sen. Rick.

Now he is inmate #87850-053 at a Brooklyn federal jail, which is about as real as it gets. is serving a 150-year sentence in a medium-security federal prison in north carolina. shkreli first gained.

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