CEO James Cayne

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.  

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.  

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.  

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,  

LITIGATION DAILY: Boies Schiller Files Suit Against Bear Stearns, Claims ...The Am Law Daily(The 60-page complaint, filed in Manhattan federal district court, also names former Bear CEO James Cayne, copresident Warren Spector, and auditor Deloitte ...and more »  

Crybaby Bear Stearns Shareholder Sues For FraudThe Business InsiderFormer Bear Stearns CEO James Cayne personally misrepresented the financial stability of the firm and induced a major shareholder to retain his shares and ...and more »  

Executive Pay and the Financial Crisis: A Refresher CourseWall Street Journal (blog)Bear Stearns: CEO James Cayne was paid $163 million from 2003 to 2007. The firm's executive compensation plan, adopted in 1986, mandated that Bear hit a ...and more »  

Boom, Bust and Rebuild: Bank of America and the Kenneth Lewis LegacyContrarian Profits (blog)31, he joins the ranks of fellow financial firm executives – James Cayne of The Bear Stearns Cos., Charles Prince of Citigroup Inc. (NYSE: C), ...and more »  

Prosecuting Paupers Over PrincesWall Street JournalMr. Cioffi and Mr. Tannin, you may recall, are the Bear Stearns Cos. hedge fund managers who allegedly misled their investors about their fund's performance ...and more »  

One year later, full examination of crisis lackingInvestmentNewsThe easing of leverage limits for investment banks contributed to the failure of The Bear Stearns Cos. Inc. and Lehman Brothers Holdings Inc., ...