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Bear Stearns

Former Bear Stearns managers face fraud charges

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.

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