Lisa Chow appears in the following:
Guilty Plea in NYS Pension Probe
Friday, December 04, 2009
An investment manager has pleaded guilty to bribing managers of New York State's pension fund, in order to get its business. Elliott Broidy, chairman of Markstone Capital Partners, made nearly $1 million in gifts to state workers and their families. WNYC's Lisa Chow reports.
REPORTER: New York Attorney General Andrew Cuomo ...
Main Street NYC
Tuesday, December 01, 2009
Retailers Eye Recession, and Weather
Monday, November 30, 2009
As we head into the biggest retail month of the year, getting people out to the stores is one concern among store owners. Another concern is the weather. WNYC's Lisa Chow reports.
REPORTER: Maybe you've sensed that this month has been relatively warm, but Lexy Funk knows it for sure. She's ...
Fare Game: Traveling by Bus This Thanksgiving
Wednesday, November 25, 2009
Millions of Americans take to the road every Thanksgiving, and for many New Yorkers it's in a bus. Competition among bus companies has intensified this year with big multinationals jumping in and selling one-way tickets to Boston, Philadelphia and Washington for as cheap as $1. WNYC's Lisa Chow reports.
REPORTER: Let's ...
Financial 411: Paid Sick Leave; Budget Troubles
Tuesday, November 17, 2009
First day of hearings at City Hall on a controversial bill that would require businesses in New York City to give their employees paid sick time. And budget problems in New York City.
Guests: WNYC’s Cindy Rodriguez and Bob Hennelly.
Financial 411: Bloggers Meet With Geithner Over Cookies
Monday, November 16, 2009
Treasury Secretary Timothy Geithner sat down with a handful of financial bloggers to talk about the White House's push to change the way the U.S. financial system is regulated. Guests: John Jansen runs the blog, Across the Curve, which is focused on the bond markets. Michael Panzner's book and blog ...
Bear Stearns Not Guilty
Wednesday, November 11, 2009
Effort to Prosecute Bear Stearns Execs Fails
Wednesday, November 11, 2009
Two former Bear Stearns hedge fund managers were found not guilty on fraud and conspiracy charges in the first criminal trial of Wall Street executives to emerge out of the collapse of the subprime mortgage market. Ralph Cioffi and Matthew Tannin were accused of misleading investors in the months leading ...
Blogging the Bear Stearns Trial: An Assistant's Notebook Becomes A Key Piece of Evidence
Tuesday, November 10, 2009

Chris Hondros/Getty Images
The body of evidence is largely electronic in form, with one exception.
In May 2007, Jason Bunin scribbled 'Ralph 5.5mm in Enhanced' into a notebook during an early morning meeting with Ralph Cioffi and Matthew Tannin. Bunin was an ...
Bear Stearns On Trial
Tuesday, November 10, 2009
Deliberations Underway at Hedge Fund Trial
Monday, November 09, 2009
A jury in Brooklyn will begin deliberating today in the first criminal trial of Wall Street executives related to the subprime mortgage crisis. Ralph Cioffi and Matt Tannin managed two hedge funds at Bear Stearns that collapsed, eight months before the investment bank, itself, collapsed. WNYC's Lisa Chow reports.
REPORTER: They're ...
Details of Ex-Bear Stearns Hedge Fund Mangers Case
Monday, November 09, 2009
A jury in Brooklyn will begin deliberating today, in the trial of Ralph Cioffi and Matthew Tannin, the first Wall Street executives to face criminal charges stemming from the financial crisis. Cioffi and Tannin ran two hedge funds at Bear Stearns that were heavily invested in subprime mortgage-related securities. The ...
Blogging the Bear Stearns Trial: Defendant Didn't Cry, But His Lawyer Did
Saturday, November 07, 2009

Chris Hondros/Getty Images
At the end of a nearly three-hour closing argument, defendant Matthew Tannin's lawyer, Susan Brune, broke down in tears, pleading with the jurors to 'send Matt home to his family.' The jury will begin deliberating on the securities ...
Blogging the Bear Stearns Trial: I Love You, Man
Friday, November 06, 2009

Chris Hondros/Getty Images
Matthew Tannin's eyes moistened and his face reddened as Ralph Cioffi's lawyer, Dane Butswinkas, read an excerpt of the infamous email note that Tannin wrote to Cioffi on April 22, 2007, before the collapse of the funds ...
Closing Arguments Heard in Bear Stearns Trial
Friday, November 06, 2009
Closing arguments have wrapped up in the first criminal trial of former Wall Street executives related to the subprime mortgage crisis. Ralph Cioffi and Matthew Tannin are accused of misleading investors about the health of their Bear Stearns hedge funds, which collapsed in the summer of 2007. WNYC’s Lisa Chow ...
Blogging the Bear Stearns Trial: Defense Tries to Undermine Government's Tactics
Thursday, November 05, 2009

Chris Hondros/Getty Images
In his closing argument today, Ralph Cioffi's lawyer, Dane Butswinkas, cited several instances where he believed the government omitted pertinent information and was thus building its case on 'misimpressions.' Butswinkas told the jurors repeatedly, 'It’s the type of ...
Blogging the Bear Stearns Trial: Government Says They Lied, Plain and Simple
Thursday, November 05, 2009

Chris Hondros/Getty Images
After more than three weeks of often times confusing testimony from lenders, investors, and former Bear Stearns employees, federal prosecutor Ilene Jaroslaw summed up the U.S. government's case against Ralph Cioffi, 53, and Matthew Tannin, 48, in two and ...
Blogging the Bear Stearns Trial: What's Chump Change to You?
Wednesday, November 04, 2009

Chris Hondros/Getty Images
Maybe 75 cents? $10? How about $1 million?
Judge Frederic Block raised this question with two investors who lost money in the collapse of the Bear Stearns hedge funds. Both testified for the government this week ...
Blogging the Bear Stearns Trial: Former Bush Advisor Testifies for Defense
Tuesday, November 03, 2009

Glenn Hubbard, dean at Columbia Business School and former economic advisor to President Bush, testified that defendants Ralph Cioffi and Matthew Tannin 'pursued a strategy that was well articulated and quite conventional,' in the first criminal trial of Wall Street executives related to ...
Blogging the Bear Stearns Trial: Defense Calls "the Boss of the Boss"
Monday, November 02, 2009

Chris Hondros/Getty Images
He's the highest-ranking former Bear Stearns executive to testify in this trial so far: Rich Marin, former chairman and CEO of Bear Stearns Asset Management.
Marin supervised Ralph Cioffi, 53, and Matthew Tannin, 48, who are accused of lying ...