Someone's going to be celebrating tonight....
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SAN FRANCISCO (MarketWatch) -- Jurors found Ralph Cioffi and Matthew Tannin, two executives that ran hedge funds at Bear Stearns, not guilty on counts they lied to investors, according to media reports Tuesday. Both Cioffi and Tannin had been charged with three counts of securities fraud and two counts of wire fraud connected to a $1.6 billion hedge fund loss
http://www.marketwatch.com/story/two-bear-stearns-execs-found-not-guilty-reports-2009-11-10-1556580