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Reuters: Ex-Bear managers charged, crackdown on mortgage fraud

Started by dave, June 19, 2008, 11:41:05 PM

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dave

Ex-Bear managers charged, crackdown on mortgage fraud
      


WASHINGTON (Reuters) - Two former Bear Stearns hedge fund managers were indicted on securities fraud charges and prosecutors said a separate mortgage fraud probe has led to charges against more than 400 people as the Bush administration cracked down on abuses that deepened the credit crisis.
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