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Bulge bracket no longer

Started by Joelle, March 17, 2008, 10:01:19 PM

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Joelle

Bulge bracket no longer
      


News reports continue to crown Bear Stearns the fifth-largest investment bank in the land. But now that the bank owns a $2 per share stock takeover offer from savior JPMorgan Chase, Bear Stearns is more accurately described as just a little cub.
That means little Bear, yet another Wall Street firm to be consigned to history [...]
         

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