Managers of Failed Bear Hedge Funds May Face Criminal Indictments (And Why Not Bear?)
The Wall Street Journal reports that criminal charges against the managers of the failed Bear Stearns hedge funds, Ralph Cioffi and Matthew Tannin, are imminent. The Journal also indicates there are no charges pending against Bear Stearns or any other Bear executives. Pray tell, why not? The funds were clearly under the supervision of Bear […]
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