Charges may come against ex-Bear Stearns execs: report

NEW YORK (Reuters) - U.S. prosecutors are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped kick off the credit crisis last year, the Wall Street Journal reported on Monday.
The U.S. Attorney's office in Brooklyn, New York will conclude interviews this week and has indicated to lawyers that indictments may follow, the newspaper said, citing people familiar with the case.
Any indictments would be the first major criminal charges brought against Wall Street executives or fund managers stemming from the subprime mortgage crisis.

LinkHere