Wednesday, November 11, 2009
Bear Stearns managers not guilty in sub-prime hedge-fund collapse
The jurors said after the verdict that the evidence presented wasnâ€™t enough to convince them of guilt. â€œEverything contradicted,â€ said Jenny McCaughey, the jury forewoman. â€œThe e-mails went both ways. They say one thing one time and another thing another time. The government didnâ€™t give us enough to go on.â€... â€œThere is reason to believe that the funds werenâ€™t going to tank, thatâ€™s what they believed,â€ the lawyer told jurors.