Greg Boop

Let's Get Real About Bear Stearns

It is interesting to note that the financial press has not touched on one of the more pertinent reasons why the executives at Bear Stearns decided to take the low bid offer rather than to enter reorganization. Under bankruptcy, the executives would most likely be required to pay back the millions in 2007 year-end bonuses that they recieved in the past 120 days.

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