by Calculated Risk on 6/18/2008 03:34:00 PM

From NPR: Ex-Fund Managers at Bear Stearns Face Indictment (hat tip blogenfreude)

Officials close to a major FBI mortgage crisis investigation say two former Bear Stearns hedge fund managers will likely be indicted Wednesday on securities fraud charges.

It sounds like the indictment will be made public on Thursday. It could be an interesting read ...