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Bear Stearns Sued Over Hedge Fund Collapse

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First Posted: 12-20-07 01:13 AM   |   Updated: 03-28-08 02:45 AM

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Read More: Barclays, Barclays Bank, Bear Stearns, Bear Stearns Hedge Funds, Bear Stearns Lawsuit, Business News
Bear Stearns

Reuters:

Barclays Bank Plc (BARC.L) on Wednesday accused Bear Stearns Co Inc (BSC.N) of using two hedge funds that collapsed last summer as places to unload troubled assets.

The London-based bank's allegations appear in a lawsuit filed in U.S. Court for the Southern District of New York in Manhattan.

Read the whole story: Reuters

Barclays Bank Plc (BARC.L) on Wednesday accused Bear Stearns Co Inc (BSC.N) of using two hedge funds that collapsed last summer as places to unload troubled assets. The London-based bank's allegation...
Barclays Bank Plc (BARC.L) on Wednesday accused Bear Stearns Co Inc (BSC.N) of using two hedge funds that collapsed last summer as places to unload troubled assets. The London-based bank's allegation...
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- nomoredead I'm a Fan of nomoredead 10 fans permalink

And....bus­h wanted these guys to takeover our Social Security.

    Favorite    Flag as abusive Posted 08:52 AM on 12/20/2007
- FanaticRealist I'm a Fan of FanaticRealist 6 fans permalink

Nothing like watching greedy swine turn on each other.

Just a quick question: Can the private individual, who has lost money as a direct or indirect result of the three-card trick practised by the financial services industry, sue anyone or do they all just lie back and take it.

    Favorite    Flag as abusive Posted 07:31 AM on 12/20/2007
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