Bear Stearns Fund Managers Impressed Jurors With Their Work Ethic
"If this was really a fraud case, they wouldn't have worked that hard."
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"If this was really a fraud case, they wouldn't have worked that hard."
They're raising questions about venue and have all sorts of outlandish requests.
A lawyer for one of the Bear Stearns fund managers accused of misrepresenting the health of an ailing hedge fund seconds her client's emotions.
One prospective juror wrote that big financial firms "always try to bend the rules to make as much money as possible."
They're looking for e-mail records about mortgage-backed securities.
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The indicted Bear Stearns hedge-funder may lose almost everything, but he won't lose that tony Hamptons address.
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Matthew Tannin and Ralph Cioffi, former hedge-fund managers at the former Bear Stearns, were taken into custody this morning for telling investors everything was fine with their funds, while privately admitting they were "toast."
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