By Kevin G. Hal
Thursday, June 19, 2008
WASHINGTON — With their arrest Thursday on a nine-count indictment, two former investment fund managers for banking titan Bear Stearns are now the public face of the nation’s mortgage finance meltdown.
FBI agents made the first high-level arrests of Wall Street executives in connection with the nation’s sub-prime meltdown, parading the handcuffed fund managers in front of cameras as the sun came up over Manhattan.
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