Thursday, Jun 19, 2008
Bet they pooped their pants.
financialpost.com: FBI arrest two Bear Stearns managers in subprime probe
Two former managers at Bear Stearns Cos. hedge funds were arrested at their homes Thursday morning by agents of the Federal Bureau of Investigation over their roles in the collapse of hedge funds that ignited the subprime mortgage crisis last year.
Also, the BBC tickertape claims 'FBI says some 300 people have been arrested over subprime crisis since March. More soon.'
Posted by angonamo @ 05:24 PM (427 views) Add Comment
1 Comment
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1. angonamo said...
Here's the link to the BBC story ...
http://news.bbc.co.uk/1/hi/business/7464298.stm