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Ex-Bear Stearns men lied, U.S. says in trial closing
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Reuters India
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November 05, 2009
NEW YORK (Reuters) - Two former Bear Stearns hedge fund managers on trial for fraud told 'black and white lies' to investors in 2007 about the health of their funds even though they were seeing some of the worst market conditions ever, a U.S. prosecutor told a jury on Thursday. In a closing summatio...
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