Stephen Walsh (money manager): Difference between revisions

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Line 1: :''For the British Labour Party MP (1859-1929), see [[Stephen Walsh]].'' {{current court case\|date=February 2009}} '''Stephen Walsh''' (born 1944) is one of two money managers arrested on [[February 24]] [[2009]] for alleged [[securities fraud]] of between $550 million and $670 million. Walsh is accused with [[Paul Greenwood (money manager)\|Paul Greenwood]] of using their companies such as WG Capital for fraud. The [[University of Pittsburgh]] ~~and~~, [[Carnegie Mellon University]], [[Wells Fargo Bank]], the [[Sacramento County, California\|Sacramento County Employees Retirement System]], and the [[Kern County, California\|Kern County Employees Retirement Fund]] are reported to have lost millions due to the two managers.<ref>[http://www.nytimes.com/2009/02/26/business/26scam.html?dlbk Zachery Kouwe, "Two Money Managers Held in New Wall Street Fraud", ''New York Times'' (February 25, 2009)]</ref> Walsh and Greenwood were previously investors in the [[New York Islanders]] hockey team. Line 19: [http://www.nytimes.com/2009/02/26/business/26scam.html?dlbk Zachery Kouwe, "Two Money Managers Held in New Wall Street Fraud Case", ''New York Times'' (February 25, 2009)] [http://www.nydailynews.com/money/2009/02/25/2009-02-25_paul_greenwood_stephen_walsh_ran_islande.html Rick Schapiro, "Greenfield and Walsh Ran Islanders Right Into the Deep Freeze", ''New York Daily News'' (February 26, 2009)] *Andrew S. Ross, "Another Pension Fund Hit", ''San Francisco Chronicle'' (March 4, 2009) {{2008 economic crisis}}