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Oops! Trader in hot water for Bear deal

Started by Joelle, March 17, 2008, 08:01:21 PM

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Joelle

Oops! Trader in hot water for Bear deal
      


Whoops!
We’re hearing that a bond trader, much to his chagrin, apparently didn’t “get the memo.”
That would be the one his supervisors sent that warned the firm’s desks to stop doing business with beleaguered Bear Stearns as of 10 a.m. (1400 GMT) last Friday, as markets swirled with speculation the New York bank was running out [...]
         

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