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First day, Hallow Friday

Friday, June 20, 2008

US mortgage fraud probe nets 406, plus Bear Stearns two (AFP)

A foreclosure sign hangs in front of a house in Miami, Florida. Two former Bear Stearns hedge fund managers were indicted Thursday, officials said as they unveiled charges against more than 400 people in a wide-ranging probe of mortgage abuses during the US housing boom.(AFP/Getty Images/File/Joe Raedle)AFP - Two ex-Bear Stearns executives were indicted Thursday as officials unveiled charges against 406 people in a huge probe into fraud, which helped fuel the housing crisis and infect the global economy.




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[Source: Yahoo! News: Most Recommended - Posted by FreeAutoBlogger]

Posted by Ninpo at 7:22 AM

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Blog Archive

  • ▼  2008 (95)
    • ▼  June (14)
      • Woman sues Victoria's Secret claiming thong injury...
      • Obama, Hillary Clinton to campaign together (AP)
      • Afghans count Taliban dead in valley near Kandahar...
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      • "Wanted" an audacious adrenaline rush (Reuters)
      • When a Parent Doesn't Handle Money Responsibly ...
      • House prepares to debate new surveillance law ...
      • US mortgage fraud probe nets 406, plus Bear Stearn...
      • Japan suicides near record high in 2007 (Reuters)
      • Reports: Teen girls made pact to get pregnant ...
      • With money, Obama to try to widen the battleground...
      • Scientists believe Mars lander exposed ice crumbs ...
    • ►  May (67)
    • ►  January (14)
  • ►  2007 (5)
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