Name Stephen Walsh | Role Money manager | |
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Stephen Walsh (born 1944) is one of two American money managers arrested on February 24, 2009 for alleged securities fraud of between $550 million and $670 million. Walsh is accused with Paul Greenwood of using their companies such as Westridge Capital Management Inc. and WG Trading Company for fraud.
The University of Pittsburgh, Carnegie Mellon University, Wells Fargo Bank, the Sacramento County Employees Retirement System, and the Kern County Employees Retirement Fund are reported to have lost millions due to the two managers.
Walsh and Greenwood were previously investors in the New York Islanders hockey team. At the time of his arrest he was also the President of Sands Point Golf Club. A very limited golf and skeet /trap shooting facility on the north shore of Long Island.