SECURITIES
Judge Reinstates Plea Agreement for Bond Trader: A New York federal judge reinstated a plea-bargain agreement for former Salomon Bros. bond trader Paul Mozer, saying the deal had been unfairly withdrawn by prosecutors “irked by the defendant’s independent and uncooperative attitude.” U.S. District Judge Pierre N. Leval said Mozer can plead guilty to two counts of making false statements to the Federal Reserve Board in a prosecution that stemmed from Salomon’s illegal bidding at Treasury bond auctions. In exchange, the agreement allows Mozer, 38, to pay a $500,000 fine and possibly serve prison time. The agreement relieves Mozer of more serious charges that carried a possible 10-year prison term and a fine of at least $1 million.
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