It was, prosecutors claimed, a clear case of Wall Street crime — and a chance to bring to account two culprits of the subprime age. But jurors disagreed, and on Tuesday, two former Bear Stearns hedge fund managers were found not guilty of securities fraud in federal court in Brooklyn, in what legal experts called a setback for prosecutors hoping for easy victories in this era of bailouts and foreclosures.
1 Comments in Response to 2 Bear Stearns Fund Leaders Are Acquitted
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