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Setback in Bear Stearns case may force gov’t shift

WASHINGTON – (AP) The swift acquittal of two Bear Stearns executives in the government’s criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts say. Cri Excerpt from: …

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Setback in Bear Stearns case may force gov’t shift

WASHINGTON – (AP) The swift acquittal of two Bear Stearns executives in the government’s criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts say. Cri

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Effort To Prosecute Bear Stearns Execs Fails

The government’s first effort to prosecute individuals for contributing to the financial crisis ended in failure. A jury found former Bear Stearns executives Ralph Cioffi and Matthew Tannin not guilty of fraud. The two men invested in subprime mortgage-related securities, and the funds collapsed, costing investors more than $1 …

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Jury acquits ex-Bear Stearns hedge fund managers

NEW YORK (Reuters) – Two former Bear Stearns hedge fund managers were found not guilty of fraud, a decision that could make government prosecutors less likely to bring criminal charges against Wall Street executives for their role in the financial crisis. Read the original: Jury acquits ex-Bear Stearns hedge fund managers

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Bear Stearns Execs Acquitted in NY Fraud Trial

Two former Bear Stearns hedge fund managers not guilty of fraud, conspiracy. Read more: Bear Stearns Execs Acquitted in NY Fraud Trial

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Ex-Bear Stearns hedge fund managers acquitted

NEW YORK (Reuters) – Two former Bear Stearns Cos hedge fund managers were acquitted of fraud charges on Tuesday, a setback to government prosecutors that could make them less aggressive in trying to root out Wall Street wrongdoing. The rest is here: Ex-Bear Stearns hedge fund managers acquitted

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Bear Stearns Case Goes To Jury

The trial of two former Bear Stearns hedge fund managers has gone to the jury. Original post: Bear Stearns Case Goes To Jury

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Trial of ex-Bear Stearns execs goes to jury (Reuters)

Reuters – Pay and venue were the focus of a jury’s early deliberations on Monday in the trial of two former Bear Stearns hedge fund managers accused of fraud over dealings in mortgage-backed securities early in the financial crisis. Follow this link: Trial of ex-Bear Stearns execs goes to jury …

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Trial of ex-Bear Stearns execs goes to jury

NEW YORK (Reuters) – The trial of two former Bear Stearns hedge fund managers went to a jury on Monday, the first high-profile Wall Street executives criminally charged with fraud over subprime mortgage-backed securities that fueled the market meltdown. Originally posted here: Trial of ex-Bear Stearns execs goes to jury

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Ex-Bear Stearns men lied, U.S. says in trial closing

NEW YORK (Reuters) – Two 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 Thursday Read …

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