Friday, March 28, 2008

Aftershocks at Bear Stearns

Aftershocks at Bear Stearns: "In a week it was all gone: Bear Stearns' (BSC) reputation, culture, identity; the savings of many of its 14,000 employees; and possibly their jobs, too. 'The speed of the collapse was traumatic,' says one banker who has worked at Bear for a decade. 'People aren't jumping out of windows,' he says. 'But we are all kind of anxious.'A year ago Bear Stearns was worth

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