Two former managers of the Bear Stearns hedge funds that imploded last year could be charged with securities fraud by US prosecutors.
They would be the first indictments against Wall Street executives to stem from the credit crisis.
By Joanna Chung in New York
Published: June 19 2008 03:00 | Last updated: June 19 2008 03:00
Two former managers of the Bear Stearns hedge funds that imploded last year could be charged with securities fraud by US prosecutors.
They would be the first indictments against Wall Street executives to stem from the credit crisis.