CEO James Cayne

Dec. 21 (Bloomberg) -- Bill Singer, a partner at Stark & Stark, talks with Bloomberg's Erik Schatzker and Dan Colarusso about the credibility of Roomy Khan, the star witness for the government's insider trading case against Galleon Group LLC founder Raj Rajaratnam. Singer also discusses the impact of insider trading on investor sentiment and the acquittal of former Bear Stearns Cos. hedge fund managers Matthew Tannin and Ralph Cioffi of fraud...  

Nov. 11 (Bloomberg) -- Prosecutors missed the mark so widely in the fraud trial of Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin that a juror said after their acquittal she would invest with them if she had the money.  

Not only did the government lose its case against two top Bear Stearns managers but at least one juror came away wanting to invest with them. Prosecutors missed the mark so widely in the fraud trial of Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin that a juror said after their acquittal she [...]  

NEW YORK (Reuters) - Two former Bear Stearns Cos hedge fund managers were acquitted on Tuesday of fraud charges in the first criminal trial of prominent Wall Street executives stemming from subprime mortgage securities that fueled a market meltdown.  

NEW YORK-- Two former Bear Stearns Cos hedge fund managers were acquitted on Tuesday of fraud charges in the first criminal trial of prominent Wall Street executives stemming from subprime mortgage securities that fueled a market meltdown.  

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 billion.  

After a three-week trial, a jury has found former Bear Stearns fund managers Matthew Tannin and Ralph Cioffi not guilty on charges of securities fraud, wire fraud, and conspiracy relating to the collapse of a hedge fund that cost investors $1.6 billion. [Reuters, WSJ] Related: The Meltdown Fall Guys [NYM] Read more posts by Jessica PresslerFiled Under: white men with money,  

Two former Bear Stearns Cos hedge fund managers were acquitted on Tuesday of fraud charges in the first criminal trial of prominent Wall Street executives stemming from subprime mortgage securities that fueled a market meltdown.  

Two former Bear Stearns Cos hedge fund managers were acquitted on Tuesday of fraud charges in the first criminal trial of prominent Wall Street executives stemming from subprime mortgage securities that fueled a market meltdown.  

Air AmericaBig payouts for Lehman and Bear Stearns execs: WSJMarketWatchNEW YORK (MarketWatch) -- The top executives at Lehman Brothers Holdings Inc. and Bear Stearns Cos. cashed out almost $2.5 billion from their firms between ...Lehman, Bear Officials Made $2.5 Billion, Study SaysBloombergQuick pay, near-sighted execsBoston GlobeEconomic Outrage du Jour: Bailout Myth CroaksDaily Kos (blog)New York Times -KHQ Right Now -Raw Storyall 33 news...  

Bear Stearns Loss Echoes Long Line of US Prosecution DefeatsBloomberg12 (Bloomberg) -- The acquittals of two Bear Stearns Cos. hedge-fund managers in a test trial for prosecutions linked to the subprime crisis echo a long ...US Justice official: Bear Stearns case not a setbackReutersThe Bear Stearns Verdict: A Blow to E-Mail ProsecutionsTIMEWhat The Bear Stearns Acquittal Means For Wall StreetThe Business InsiderMain Justice -Trading Markets...  

Nov. 10 (Bloomberg) -- Whitney Tilson, founder of T2 Partners LLC, talks with Bloomberg Television about the aquittal of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin. (This report is and excerpt from the full interview Source: Bloomberg)  

The first Federal criminal trial of Wall Street executives involved in the collapse of the subprime mortgage market has ended in acquittals for the two former Bear Stearns Cos. hedge fund managers.  

Because they were major shareholders when their firms collapsed, James E. Cayne of Bear Stearns and Richard S. Fuld Jr. of Lehman Brothers have been seen as two of the biggest losers of the recession.