...outcome. Cayne was forced to resign just before the bank's fire sale to JPMorgan Chase & Co. Separately, Ralph Cioffi and Matthew Tannin, who had managed funds laden with risky debt securities, soon became the first Wall Street executives to take the...
...has been only one high-profile criminal case: the June arrests of former Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin for alleged fraud. (Both pleaded not guilty.) More arrests are likely. "We will probably have more cases as...
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...hedge fund managers Matthew Tannin and Ralph Cioffi have been arrested by the Federal Bureau of Investigation, charged with securities fraud and conspiracy in connection with their management of two Bear Stearns hedge funds which collapsed last summer, a...
...on charges that they knew financial disaster was coming but acted as if they'd never gotten the memo. Ralph Cioffi and Matthew Tannin both worked for Bear Stearns, the company that suffered a stunning collapse earlier this year and shoved the phrase...
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