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October 14, 2009

Jury Selection Begins in Trial of Bear Stearns Execs
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And jury selection has begun in the case against two former hedge fund
managers at the investment bank Bear Stearns. Matthew Tannin and Ralph
Cioffi are the first executives to face criminal charges in the wake of
the subprime mortgage crisis. Both are accused of fraud over two funds
that collapsed last year.



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