Hundreds of brokers netted in FBI sweep

[scaredyclassic]

It is true that expanding the death penalty does provide additional work for lawyers, but I suppose a truly rational economist might balance out the monetary costs of extra death penalty cases and appeals in the system, versus the amount of moneys saved from financial fraud through deterrence, and if you could save a few bucks, and you were quite liberal with pulling the switch or releasing the gas pellet or hwatever your preferred method of dispatching human beings is, it would be “worth it” in the end; society would be welathier and better off.

I sometimes think that society is heading towards exapanding the range of death penalty eligible cases, that limiting the executioner’s block to just plain murder is old hat, and that people might think we ought to get “really tough” on crime by not allowing criminals to luxuriate for a few decades in prisons.

Would there be any hesitation, however, if it were just about money, that a human life is maybe not worth taking over money? or is money maybe even more important than human life, or if not more important, at least equal to it? I don’t necessarily mean to imply that is an irrational view; we give up bits of our lives all along by working, we may go to war over money, men live and die over their fortunes. Why not execute over money?

[michael]

OK, let’s get this right. The two hedge fund managers are being arrested on an entirely different case. Don’t bunch up the smarter criminal with the dumb criminals (although both got caught).

The hedge fund guys are basically smart guys fooling smart guys…

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin were indicted for mail fraud and conspiracy in the first prosecution stemming from a federal investigation of last year’s mortgage-market collapse.

The two men were charged with misleading investors about the health of two Bear Stearns hedge funds whose implosion ignited the subprime mortgage crisis. Cioffi was also charged with insider trading in the indictment, which cites a series of e-mails between the two men. They both face as much as 20 years in prison if convicted of conspiracy, and Cioffi faces an additional 20-year term if found guilty of insider trading.

http://www.bloomberg.com/apps/news?pid=20601087&sid=as3ef9aE2W_8&refer=home

The 400 plus were dumb guys fooling even dumber guys

Federal prosecutors have charged more than 400 people across the U.S. in a crackdown against mortgage fraud, as the government stepped up efforts to address the subprime loan crisis

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7tFou.vUbrc

Two totally different levels…

[michael]

OK, let’s get this right. The two hedge fund managers are being arrested on an entirely different case. Don’t bunch up the smarter criminal with the dumb criminals (although both got caught).

The hedge fund guys are basically smart guys fooling smart guys…

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin were indicted for mail fraud and conspiracy in the first prosecution stemming from a federal investigation of last year’s mortgage-market collapse.

The two men were charged with misleading investors about the health of two Bear Stearns hedge funds whose implosion ignited the subprime mortgage crisis. Cioffi was also charged with insider trading in the indictment, which cites a series of e-mails between the two men. They both face as much as 20 years in prison if convicted of conspiracy, and Cioffi faces an additional 20-year term if found guilty of insider trading.

http://www.bloomberg.com/apps/news?pid=20601087&sid=as3ef9aE2W_8&refer=home

The 400 plus were dumb guys fooling even dumber guys

Federal prosecutors have charged more than 400 people across the U.S. in a crackdown against mortgage fraud, as the government stepped up efforts to address the subprime loan crisis

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7tFou.vUbrc

Two totally different levels…

[michael]

OK, let’s get this right. The two hedge fund managers are being arrested on an entirely different case. Don’t bunch up the smarter criminal with the dumb criminals (although both got caught).

The hedge fund guys are basically smart guys fooling smart guys…

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin were indicted for mail fraud and conspiracy in the first prosecution stemming from a federal investigation of last year’s mortgage-market collapse.

The two men were charged with misleading investors about the health of two Bear Stearns hedge funds whose implosion ignited the subprime mortgage crisis. Cioffi was also charged with insider trading in the indictment, which cites a series of e-mails between the two men. They both face as much as 20 years in prison if convicted of conspiracy, and Cioffi faces an additional 20-year term if found guilty of insider trading.

http://www.bloomberg.com/apps/news?pid=20601087&sid=as3ef9aE2W_8&refer=home

The 400 plus were dumb guys fooling even dumber guys

Federal prosecutors have charged more than 400 people across the U.S. in a crackdown against mortgage fraud, as the government stepped up efforts to address the subprime loan crisis

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7tFou.vUbrc

Two totally different levels…

[michael]

OK, let’s get this right. The two hedge fund managers are being arrested on an entirely different case. Don’t bunch up the smarter criminal with the dumb criminals (although both got caught).

The hedge fund guys are basically smart guys fooling smart guys…

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin were indicted for mail fraud and conspiracy in the first prosecution stemming from a federal investigation of last year’s mortgage-market collapse.

The two men were charged with misleading investors about the health of two Bear Stearns hedge funds whose implosion ignited the subprime mortgage crisis. Cioffi was also charged with insider trading in the indictment, which cites a series of e-mails between the two men. They both face as much as 20 years in prison if convicted of conspiracy, and Cioffi faces an additional 20-year term if found guilty of insider trading.

http://www.bloomberg.com/apps/news?pid=20601087&sid=as3ef9aE2W_8&refer=home

The 400 plus were dumb guys fooling even dumber guys

Federal prosecutors have charged more than 400 people across the U.S. in a crackdown against mortgage fraud, as the government stepped up efforts to address the subprime loan crisis

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7tFou.vUbrc

Two totally different levels…

[michael]

OK, let’s get this right. The two hedge fund managers are being arrested on an entirely different case. Don’t bunch up the smarter criminal with the dumb criminals (although both got caught).

The hedge fund guys are basically smart guys fooling smart guys…

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin were indicted for mail fraud and conspiracy in the first prosecution stemming from a federal investigation of last year’s mortgage-market collapse.

The two men were charged with misleading investors about the health of two Bear Stearns hedge funds whose implosion ignited the subprime mortgage crisis. Cioffi was also charged with insider trading in the indictment, which cites a series of e-mails between the two men. They both face as much as 20 years in prison if convicted of conspiracy, and Cioffi faces an additional 20-year term if found guilty of insider trading.

http://www.bloomberg.com/apps/news?pid=20601087&sid=as3ef9aE2W_8&refer=home

The 400 plus were dumb guys fooling even dumber guys

Federal prosecutors have charged more than 400 people across the U.S. in a crackdown against mortgage fraud, as the government stepped up efforts to address the subprime loan crisis

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7tFou.vUbrc

Two totally different levels…

[TuVu]

I want names! National press is reporting that some individuals who took out fraudulent loans were among those arrested. Is Casey Serin among them?

[TuVu]

I want names! National press is reporting that some individuals who took out fraudulent loans were among those arrested. Is Casey Serin among them?

[TuVu]

I want names! National press is reporting that some individuals who took out fraudulent loans were among those arrested. Is Casey Serin among them?

[TuVu]

I want names! National press is reporting that some individuals who took out fraudulent loans were among those arrested. Is Casey Serin among them?

[TuVu]

I want names! National press is reporting that some individuals who took out fraudulent loans were among those arrested. Is Casey Serin among them?

[Anonymous]

Local SD RE Agents and Brokers named.

http://www.signonsandiego.com/news/metro/20080620-9999-1n20mortgage.html

[Anonymous]

Local SD RE Agents and Brokers named.

http://www.signonsandiego.com/news/metro/20080620-9999-1n20mortgage.html

[Anonymous]

Local SD RE Agents and Brokers named.

http://www.signonsandiego.com/news/metro/20080620-9999-1n20mortgage.html

[Anonymous]

Local SD RE Agents and Brokers named.

http://www.signonsandiego.com/news/metro/20080620-9999-1n20mortgage.html

[Author]

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