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Former Subprime Hot Shots Take A Walk

Started by washingtonindependent · 10 months ago

For all you perp walk fans out there - yes, you have watched too many "Law and Order" reruns - here’s former Bear Stearns managers Ralph Cioffi and Matthew Tannin taking their perp walks to federal court in Brooklyn, in this photo gallery  ... Continue reading »

1 comment

  • Wait,



    Are they being charged because of their role in the subprime meltdown? What was their role in it?



    I thought it was for defrauding investors by lying about the extent of the meltdown to those investors.

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