Former Wilmington Trust official sentenced for conspiracy

WILMINGTON, Del. (AP) — A former bank executive who cooperated with authorities in an investigation that led to the fraud convictions of four top executives for Wilmington Trust, the only financial institution to be criminally charged in connection with the federal bank bailout program, has been sentenced to almost two years in prison.
Fifty-one-year-old Joseph Terranova was sentenced to 21 months behind bars Tuesday, more than five years after he pleaded guilty to conspiracy to commit ban