Nov 6th, 2009 - Wall Street Journal
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Defense lawyers made their final arguments on Friday in the trial of two former Bear Stearns & Cos. hedge-fund managers, saying the prosecutors' case "lacked credibility" and asking the jury to be objective amid public outrage over Wall Street's role in the economic crisis.
The former managers, Ralph Cioffi and Matthew Tannin, are accused of lying to their investors about the health of two mortgage-related funds that collapsed in 2007. Those failures were the first of several blows that felled Bear Stearns and ...
Related stories:
Begleiter busts in 6th from World Series of Poker
Nov 8th, 2009 - Forbes
LAS VEGAS -- Steven Begleiter has busted from the World Series of Poker main event in sixth place after Darvin Moon hit an ace on the final community card to best Begleiter's queens.
Geithner Says 'Continued Policy Support' Needed for Recovery
Nov 7th, 2009 - Bloomberg
Nov. 7 (Bloomberg) -- Treasury Secretary Timothy Geithnersaid the U.S. economy requires “continued policy support” torecover from a financial and economic crisis that has pushedunemployment to its highest level since 1983.
UPDATE 1-Wall St trial summations hone in on 'toast' email
Nov 6th, 2009 - Reuters
* Trial of ex-Bear Stearns managers nears end * Jury to start deliberations on Monday * Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions) NEW YORK...
US case against Bear Stearns men flawed -- lawyer
Nov 6th, 2009 - CNNMoney
* Closing summations in trial * Jury to start deliberations Monday * Verdict to be closely watched for future cases NEW YORK, (Reuters) - The government's allegations...
China Protests US Steel Duties, Starts Probe on American Cars
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- China protested U.S. duties on steelpipes and announced the start of an anti-dumping probe intoAmerican carmakers as trade tensions escalate ahead of PresidentBarack Obama’s first visit to the nation this month.
Related videos from YouTube:
4:16Wall Street Meltdown - Redux
This is a sequel to a video parody I made in December 2007 entitled Wall Street Meltdown (also on YouTube) that chronicled the developing financial crisis of 2007. Redux picks up where the original left off and covers the deepening crisis in 2008 ...
4:38Matt Taibbi: "Wall Street's Naked Swindle"
Rolling Stone's Matt Taibbi's new investigation suggests massive manipulation by Lehman Brothers and Bear Stearns. Did someone bet on Bear Stearns' fall? Who was involved? Was there insider trading? A $1.7 million options bet was placed ...
12:04Wall Street's Shadow Market
Steve Kroft looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.
10:07Glenn Beck - Wall Street owns our gov; Bear Stearns is a criminal organization
constitutionalrepublican.com Glenn Beck Wall Street owns our gov - Bear Stearns is a criminal organization
