Wall Street's Overlords Always Win

A case study of one unhappy investor's attempts to get the federal courts to overrule a decision in his securities arbitration case.
It's not easy to recover what you lost from Bear Stearns. Photographer: Andrew Harrer/Bloomberg

Larry Stone is just your typical wealthy businessman who trusted millions of his hard-earned dollars to Colin P. Gordon, a hedge-fund manager at the now defunct Bear Stearns, and then lost most of those millions when the hedge fund crashed and burned in 2007.

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