Bear’s Cioffi, Tannin Fraud Prosecution Goes to Jury (Update2) (Bloomberg)


Nov. 9 (Bloomberg) — Jurors in the securities fraud prosecution of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin began deliberations following a month-long trial, one of the first tests of whether the U.S. can prove criminal conduct in the subprime mortgage collapse.

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Bear’s Cioffi, Tannin Fraud Prosecution Goes to Jury (Update2) (Bloomberg)