Fraud,justice Videos

Nov. 10 (Bloomberg) -- Bloomberg's Carol Massar, Su Keenan and Matt Miller report on the acquittal of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin. A jury of eight women and four men deliberated less than a day before reaching the verdict. Cioffi and Tannin were accused of misleading investors who lost $1.6 billion. The trial was the first stemming from a federal probe into the collapse of the subprime mortgage-market, which cost investors as much as $396 billion and helped trigger a worldwide recession. Dennis Gartman, economist and editor of the Gartman Letter and Bloomberg contributor William Cohan also speak. (Source: Bloomberg)

Nov. 10 (Bloomberg) -- Whitney Tilson, founder of T2 Partners LLC, talks with Bloomberg Television about the aquittal of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin. (This report is and excerpt from the full interview Source: Bloomberg)

Nov. 10 (Bloomberg) -- Dennis Gartman, economist and editor of the Gartman Letter, talks with Bloomberg Television about the acquittal of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin of charges they misled investors who lost $1.6 billion. (This report is an excerpt of the full interview. Source: Bloomberg)

Nov. 6 (Bloomberg) -- U.S. prosecutors charged 14 people, including hedge fund managers, lawyers and an ex-Galleon Group employee, for using the methods of “drug dealers” and “common criminals” to profit on insider data from deals involving firms such as 3Com Corp. and Alliance Data Systems Corp. Bloomberg's Monica Bertran reports. (Source: Bloomberg)

Nov. 5 (Bloomberg) -- Bloomberg's Su Keenan reports on the trial of former Bear Stearns Cos. hedge-fund managers Matthew Tannin at Ralph Cioffi, who were both accused of misleading investors about the health of two funds, which cost investors $1.6 billion when they collapsed in 2007. Closing arguments are set to begin today. (Source: Bloomberg)

Nov. 5 (Bloomberg) -- Bill Singer, a partner at Stark & Stark, talks with Bloomberg's Erik Schatzker about the outlook for the fraud trial of former Bear Stearns Cos. hedge-fund managers Matthew Tannin and Ralph Cioffi. Jurors in Brooklyn, New York, will hear closing arguments in the case starting today. Cioffi and Tannin are accused of misleading investors about the health of two funds, which cost investors $1.6 billion when they collapsed in 2007. Bloomberg's Dan Colarusso also speaks. (Source: Bloomberg)

Nov. 5 (Bloomberg) -- FBI agents arrested 14 people as part of an ongoing insider trading investigation, including a former worker at the offices of the Galleon Group hedge fund firm, the center of an alleged $20 million scheme. Bloomberg's Scarlet Fu reports. (Source: Bloomberg)

Nov. 5 (Bloomberg) -- Thomas Newkirk, a partner at Jenner & Block LLP, talks with Bloomberg's Carol Massar, Adam Johnson, Scarlet Fu and Jon Erlichman about the Federal Bureau of Investigation's arrest of 14 people, including a former employee at the office of the Galleon Group hedge fund firm, as part of an investigation of an alleged $20 million insider-trading scheme. Charges against the men include conspiracy and fraud, according to documents filed in New York federal court. (Source: Bloomberg)