Bear Stearns Hedge Fund Manager Departs Amid Probes (Update2) (Bloomberg.com)
Story date: 2007-12-18 11:57:41
Added on: 2007-12-19 02:00:21
Dec. 19 (Bloomberg) -- Ralph Cioffi, the manager of Bear Stearns Cos. hedge funds that invested in subprime mortgages, left the firm as U.S. prosecutors investigate whether he withdrew his money from two funds before they collapsed in July.
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