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Reuters: Bear Stearns 1st-quarter profit falls 79 percent

Started by chris, April 15, 2008, 03:24:05 AM

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chris

Bear Stearns 1st-quarter profit falls 79 percent
      


NEW YORK (Reuters) - Bear Stearns Cos  said on Monday profit fell 79 percent in its fiscal first quarter, ahead of a liquidity crisis that led to the investment bank's purchase by JPMorgan Chase & Co .
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