Final Arguments in Trial of 2 Ex-Managers at Bear Stearns
The two men, Ralph Cioffi and Matthew Tannin, acted like “masters of the universe” and “thought the laws and rules applied to everyone else but them,” she added. Mr. Cioffi is also facing insider trading charges on allegations he moved $2 million he had invested in one of the failing hedge funds...
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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 ...
about 1 month ago
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- News Source: The New York Times | 18 days agoThe two men, Ralph Cioffi and Matthew Tannin, acted like “masters of the universe” and “thought the laws and rules applied to everyone else but them,” she added. Mr. Cioffi is also facing insider trading charges on allegations he moved $2...
- News Source: Reuters | 19 days agoTwo former Bear Stearns hedge fund managers on trial for fraud told "black and white lies" to investors in 2007 about the health of their funds even though they were seeing some of the worst market conditions ever, a U.S. prosecutor told a jury on...
Blogs
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- Blog Source: www.subprimelosses.comRalph Cioffi and Matthew Tannin, the two former Bear Stearns hedge fund managers, apparently won't testify in their own defense in the first criminal trial related to the mortgage meltdown. Both men are accused of securities fraud, ...
- Blog Source: dealbook.blogs.nytimes.comMatthew Tannin, one of two former Bear Stearns hedge fund managers on trial for securities fraud, has asked the judge to acquit him on all charges, claiming prosecutors have insufficient evidence.
- Blog Source: files.wallstreetfolly.comUBS has been fined £8 million by the Financial Services Authority (FSA), the City regulator, for having weak controls that allowed staff in its private bank to make unauthorised trades on client accounts and hide the losses for almost ...
- Blog Source: perspicacious.co.ukCongressman Edolphus Towns, leading a Congressional probe into the BoA/Merrill deal, said of the issue: “This is another fact that leads me to believe there could be something rotten in the cotton.” Separately, the month-long trial ...
- Blog Source: www.businessinsider.comSo far he's not cutting the prosecution any slack.
- 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 ...
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Video Source: www.truveo.com - Video Source: www.truveo.com
- Video Source: www.truveo.comClosing Arguments in Cioffi-...Video Source: www.truveo.comClosing Arguments in Cioffi-Tannin Trial to Start Today: Video
- Video Source: www.truveo.comSinger Calls Cioffi-Tannin a ...Video Source: www.truveo.comSinger Calls Cioffi-Tannin a Case for Government to Lose: Video
- Video Source: www.truveo.comGasparino: Govt. Blowing Bear ...Video Source: www.truveo.comGasparino: Govt. Blowing Bear Stearns Case
- Video Source: www.truveo.com
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