Bear Stearns duo lied 'over and over again', court hears
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Six charged in $20m insider trade case
Billionaire investor Raj Rajaratnam and present and former executives of Bear Stearns, IBM, Intel and McKinsey were charged on Friday in an alleged insider trading scheme that US prosecutors called the biggest ever involving hedge funds. In 1997, when the Sri-Lankan born Raj Rajaratnam launched his hedge fund Galleon Technologies, he told a journ
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Timothy Geithner: FED must be stripped of its AIG-like bailout powers
By: myVox
Would you like the hard earned taxpayer's money be put in a bottomless bowl in the name of bailing out a bleeding financial firm? The like that the US Federal Reserve put in the case of financial behemoths Bear Stearns and AIG? Or, Ctibank if you like. Check the image above! Now, after inflicting all the damage that can ever be done the ...
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By: u2consulting
Exchange traded funds (ETFs) are all the rage. They come large and small, long and short, ultra and supersized, and track just about any sector, geography, investing style or commodity you can think of. The great thing is they trade like stocks yet share some of the characteristics of mutual funds (without the massive overhead some mutual funds ...
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- News Source: The Independent | about 1 month agoI was also very nervous about the state of the market and how we are going to perform...I was worried that this would all end badly and that I would have to look for work." Email from Cioffi to a team economist, 15 March 2007, Subject line: "Fear": "...
- News Source: The Guardian | about 1 month agoA pair of maverick Bear Stearns hedge fund managers lied to clients "over and over again" to protect their multimillion dollar pay cheques, exchanging secret emails to orchestrate a $1.6bn fraud as their funds imploded in the global financial crisis ,...
- News Source: Asian Wall Street Journal | about 1 month agoThis copy is for your personal, non-commercial use only...Two former hedge fund managers for Bear Stearns "lied over and over" to investors to keep them from withdrawing money, prosecutors told a jury during opening statements in a trial that began...
- News Source: International Business Times | about 1 month agoTwo former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputation, a U.S. prosecutor said in an opening statement at their trial Wednesday on fraud charges. Fund...
- News Source: Palm Beach Post | about 1 month agoTwo former Bear Stearns hedge fund managers are on trial in one of the few criminal cases brought against Wall Street executives in connection with the collapse of the housing market. Ralph Cioffi and Matthew Tannin face charges that they misled...
- News Source: International Herald Tribune | about 1 month agoThe case centers on two former executives of Bear Stearns , Ralph R...Tannin, who have been accused of lying to investors about the perilous state of two giant hedge funds that they oversaw...Selecting jurors always a delicate dance was...
- Blog Source: nymag.comJury selection began today for the trial of Ralph Cioffi and Matthew Tannin, the two Bear Stearns fund managers charged with promoting their hedge funds as healthy while privately worrying that they were "toast," and Judge Frederic Block has already
- Blog Source: www.democraticunderground.comToday, the trial of the two former Bear Stearns hedge fund managers will finally get under way in a New York courtroom, providing the first legal showdown for the US Department of Justice as it seeks to assuage public anger over the ...
- Blog Source: mandelman.ml-implode.comHis first transfer on the 23rd moved $2 million of his $6 million investment into another Bear Stearns hedge fund, called “Structured Risk Partners,” or “SRP,” a fund that Ralph would become responsible for overseeing days later as of April 1
- Blog Source: mandelman.ml-implode.comIn other words, they lied to everyone about absolutely everything. Ralph hosted an informal meeting on March 2, 2007, with Matt and two others members of the portfolio management team in attendance. He told his team that the Funds had ... They were
- Blog Source: dealbook.blogs.nytimes.comWall Street on Trial: Dan Slater, a former litigator, is following the government's criminal case against two former Bear Stearns hedge fund managers for DealBook, and he provides an analysis of why the case could falter.
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Image Source: www.dealbreaker.com... questioned former Bear ...Image Source: www.dealbreaker.com... questioned former Bear Stearns ... -
Image Source: graphics8.nytimes.comProsecutors Build Bear Stearns ...Image Source: graphics8.nytimes.comProsecutors Build Bear Stearns Case ... -
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- Video Source: www.truveo.com
- Video Source: www.truveo.comBear Stearns Investors Claim ...Video Source: www.truveo.comBear Stearns Investors Claim Bank Lied About Its Finances
- Video Source: youtube.com2 Former Bear Stearns ...Video Source: youtube.comPlus2 Former Bear Stearns Executives Arrested2 Former Bear Stearns ...
- Video Source: www.truveo.comExclusive: Former Bear Stearns ...Video Source: www.truveo.comExclusive: Former Bear Stearns Fund Managers Arrested by FBI
- Video Source: youtube.comCat Chasing Bear and MoreVideo Source: youtube.comFun World of Cats Unbelievable What They Can Do Including Chasing a Bear
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