3 Dominican Bank Directors Convicted

The Associated Press:: "SANTO DOMINGO, Dominican Republic (AP) — Three Dominican banking executives were convicted Sunday for their roles in a 2003 financial collapse that crippled the Caribbean country's economy. The trial focused on the management and 2003 collapse of the country's largest bank, Banco Intercontinental, which prompted a costly government bailout and led to the collapse of two other large banks as international lenders helped prop up the Dominican economy."