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Former Bear Stearns investment bankers charged with fraud

Two former Bear Stearns hedge fund managers were hauled into jail yesterday and hit with the first criminal charges to arise on Wall Street from the subprime mortgage debacle, signaling what could be a wave of prosecutions related to the meltdown in the housing market.

Business | Sources: LoHUD

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  1. Investment-Bankers » 40. Models and Bottles
    Pingback by Investment-Bankers » 40. Models and Bottles | 2008/08/16 at 17:12:23

    […] Former Bear Stearns investment bankers charged with fraudTwo former Bear Stearns hedge fund managers were hauled into jail yesterday and hit with the first criminal charges to arise on Wall Street from the subprime mortgage debacle, signaling what could be a wave of prosecutions related to … […]

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