Tag Archives: tannin


Case will throw light on funds before Bear Stearns collapsed

August 21, 2009 : Permalink

Daily Telegraph – The funds collapsed as billions of dollars of bets made on mortgage-backed bonds and collateralised debt obligations (CDOs) unravelled, and when the time came to try to sell some of the funds’ sub-prime mortgages, no one wanted […]

Ex-Bear Hedge Manager Allegedly Sought to Use Funds for Condo

August 20, 2009 : Permalink

Bloomberg – Former Bear Stearns Cos. hedge fund manager Ralph Cioffi, indicted for an alleged fraud that helped bring down the securities firm, attempted to use his $2 million redemption from a fund he supervised as collateral for a condominium, […]