What is important here is that there is a misconception that these Bear Stearns Executives are being arrested because of their role in the subprime meltdown, but it is really because, according to regulators, they misled investors.
ABOUT:
Former Bear Stearns Executives Arrested: The Associated Press.
Former Bear Stearns hedge fund managers were hauled into jail Thursday and charged with lying to investors about the collapse of the subprime mortgage market. (June 19) Added: 20-06-2008 |
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