Bear Stearns Sued Over Hedge Fund Collapse

Reuters   |   December 20, 2007 01:13 AM

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

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- nomoredead See Profile I'm a Fan of nomoredead permalink

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

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