BANKRUPT BANKER
Austrian bank fraud case to see retrial: "Austria's Supreme Court has ordered the retrial of seven people convicted in a major Austrian bank fraud case linked to the 2005 collapse of New York-based commodities brokerage Refco Inc.
In July 2008, Judge Claudia Bandion-Ortner, now justice minister, found nine defendants responsible for euro1.4 billion ($1.8 billion) in losses at BAWAG, one of the Alpine republic's main banks.
Thursday's decision applies, among others, to several former BAWAG executives and investment banker Wolfgang Floettl."
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