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  • Wall Street Breakfast: Must-Know News [View article]
    If you're looking for a job, I think the best place to work nowadays is for head hunters. This is bad, but at least Lehman didn't get bailed out by the Fed...
    Sep 15 09:23 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    SEC is investigating 'false rumors' -- isn't that an oxymoron? Besides, rumors are inherently dubious, and should not be taken at face value.

    Still, it's a common fact that Bear Stearns collapsed because it was a horrible counter party that refused and negotiated liquidity requests. As a result of their subpar business practices, no one wanted to do business with them and demanded their money, which was the final nail in the coffin.
    Jul 15 09:24 am |Rating: 0 0 |Link to Comment
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