U.S. Plans to Indict Former Reagan Aide Stockman - WSJ
Former Reagan White House budget director David Stockman is expected to be indicted within days on charges of improper accounting and incomplete disclosures from when he was chairman and chief executive of auto parts maker Collins & Aikman, the Wall Street Journal reported.
Citing sources familiar with the investigation, the newspaper said criminal indictments against Stockman and others are expected to be unsealed by the U.S. Attorney's Office in the southern district of New York as early as next week.
Stockman plans to contest the charges, the Journal said.
Collins & Aikman filed for bankruptcy protection in May 2005.