Bear Stearns reported to be sued over subprime funds

[bizarrefun]

boy am i shocked to see this...yeah right.......saw this coming long time,,,,,let the taxpayers pick up the tab,,,,

http://www.reuters.com/article/email/idUKN2027495320070721

do i smell class actions,,PPPPPPPLLLLLLLLLLLLLEEEEEEEEAAAAAAAASSSSSSSSSSSSSSSSSSEEEEEEEEEEEEEEE tell these investors to get a life,,,,,,,,,,,judge should dismissed it unless he is corporate or  investor owned.....Honest Judge Auction...highest corporate bidders are welcome!!!


my 2 cents

Robert A. Doncaster, Jr. - "RAD"
Import/Export Entrepreneur & Investor
*** DO YOUR HOMEWORK ***

Chicago Illinois USA
& sometimes Salzburg, Austria

[71tr]

This is just the normal course of business in the US.  Anytime someone loses money their will be a law firm there seeking to represent them and protect their interests.  Like the article says the plaintiffs will have a tough time winning the case as the funds were marketed directly to sophisticated investors.  It will be interesting to watch how it all falls out.