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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Ralph Cioffi

Ralph Cioffi stories: 3 news summaries

Jury Clears Fund Managers
in Bellwether Case

Bear Sterns execs accused of fraud go free

Nov 10, 09 5:29 PM CST
(AP) - Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted today of lying to investors—a defeat in the government's bid to punish fraud exposed by the financial crisis. The closely watched case was the first one against Wall... More »

MORE ABOUT:
Wall Street • Bear Stearns • hedge fund • Ralph Cioffi • hedge funds • Matthew Tannin

First Major Financial Crisis Trial Begins

Bear Stearns execs accused of lying as funds imploded

Oct 15, 09 2:43 AM CDT
(Newser) - The first major criminal trial against top Wall Street execs involved in the financial crisis kicked off in New York yesterday. Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin are accused of misleading investors in a desperate attempt to stop them from abandoning the funds, even as they... More »

MORE ABOUT:
subprime mortgages • Bear Stearns • Ralph Cioffi • securities fraud • financial crisis • Matthew Tannin

Feds Investigate Bear Stearns Fund Manager

Insider-trading probe targets $2M move ahead of fund collapse

Dec 19, 07 12:00 PM CST
(Newser) - The manager of hedge funds that lost $1.6 billion when they went bankrupt in July has left Bear Stearns, and federal investigators are looking into whether he withdrew his own money before the collapse. Ralph Cioffi moved $2 million in March—before the funds tanked in the subprime collapse—... More »

MORE ABOUT:
insider trading • subprime mortgages • Bear Stearns • SEC • hedge fund • Ralph Cioffi

3 Stories


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