Carpatica Shares Recover From Shock Of Carabulea’s Conviction

06.13.2012 By Roxana Pricop

The sentencing of Ilie Carabulea, Banca Carpatica (BCC.RO)’s largest shareholder, to 18 months in prison for bribery came as a shock to the market. The bank’s shares have somewhat recovered from that shock over the last few days, partly because investors are more interested in watching what happens on international stock markets.

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