Relevant:
- BofA Suit Against Bear Over Collapsed Hedge Funds Moves Forward
- Ex-Bear Stearns Fund Manager Tannin Worried About ‘Blow Up’
- Cioffi, Tannin Face Jury Over Bear Funds Collapse
- After $10B Fannie deal, U.S. attorney not backing off Bank of America
- Could a Florida real estate deal sink Cioffi and Tannin?
2008-10-31 — hedgefund.net
``Bank of America Corp. is suing Bear Stearns in the first major federal lawsuit involving the subprime mortgage collapse...
The BofA lawsuit alleged Cioffi, McGarrigal and Tannin lied in order to gain a $4 billion transaction from BofA that would secure liquidity to prop up each fund. BofA is seeking $2 billion.''
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