October 7, 2008
Tuesday
     

Charges May Come Against ex-Bear Stearns Execs

Date: 06-17-2008
Type: news brief
Category: Socially Responsible Investing
Source: Reuters
Organization:
Reuters

U.S. prosecutors are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped kick off the credit crisis last year. The U.S. Attorney's office in Brooklyn, New York will conclude interviews this week and has indicated to lawyers that indictments may follow.

Learn more about the Bear Stearns lawsuit here.

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