By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Federal prosecutors Monday announced a deal to drop a criminal case against Gibson Guitar Corp. after the instrument maker acknowledged its importations of exotic wood violated environmental laws.
"The agreement is fair and just in that it assesses serious penalties for Gibson's behavior while allowing Gibson to continue to focus on the business of making guitars," U.S. Attorney Jerry E. Martin said in a statement.
