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The verdict is in and the prosecution has egg on their faces: Ex Bear Stearns hedge fund managers NOT GUILTY on all counts

Posted by WSF On November - 10 - 2009

Prosecutorial smackdown: CNBC reported that former Bear Stearns hedge managers Ralph Cioffi and Matthew Tannin have been found not guilty on all charges.

Ex-Bear Stearns hedge fund managers acquitted – Reuters

Bear Stearns Managers Acquitted of Fraud Charges - NY Times

Ex-Bear Fund Managers Not Guilty of Subprime Fraud – Bloomberg

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Tags: Bear Stearns, credit crunch legal, Hedge funds, Politics

Bear Stearns, Credit Crunch, Legal

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‘Smoking gun’ Toyota memo from 2006 said to talk of “safety sacrifices”; Money Never Sleeps: Gordon Gekko’s relase delayed until September 24; Profile on Gary Gensler — From Goldman to regulator; The ugly fall of Pali Capital
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The verdict is in and the prosecution has egg on their faces: Ex Bear Stearns hedge fund managers NOT GUILTY on all counts

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‘Smoking gun’ Toyota memo from 2006 said to talk of “safety sacrifices”; Money Never Sleeps: Gordon Gekko’s relase delayed until September 24; Profile on Gary Gensler — From Goldman to regulator; The ugly fall of Pali Capital

AIG asset sale brings in another $15.5B; Icelanders vote down debt deal; No Greek bailout needed per IMF head; Fed wants to protect credit card holders by limiting fees; Dubai World lenders expect a proposal this week; Harrah’s is extending their debt; Bloomberg wants a soda tax

Greece’s Papandreou: “”We don’t want to be the Lehman Brothers of the EU”; Hedge funds probed in Greek tragedy; Fannie & Freddie may stick banks with $21B in bad loans; Toyota still isn’t getting it right with fixed cars still accelerating

New Goldman disclosure warns investors of PR risk; Warren Buffett still Likes Goldman and thinks Lloyd Blankfein is swell; Another Goldman trading record; Some HSBC bankers are bankin

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