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Who Killed Bear Stearns?

Posted on June 30, 2008

Fascinating read in the August edition of Vanity Fair: They wades into the Did short sellers kill Bear Stearns (BSC) debate: At Phi Kappa Wall Street, most of the frat boys are instantly recognizable. There s the big, backslapping Irishman, Merrill Lynch, the humorless grind, Goldman Sachs, and the straitlaced rich kid, Morgan Stanley. And then, off in the corner, wearing its beat-up leather jacket and nursing a cigarette, was the tough-guy loner, scrawny Bear Stearns, who disdained secret handshakes and towel snapping in favor of an extended middle finger toward pretty much everyone. Bear ...

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