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Reuters: Bear fire sale sparks rout

Started by dave, March 18, 2008, 06:01:02 AM

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dave

Bear fire sale sparks rout
      


NEW YORK (Reuters) - A fire sale of Bear Stearns Cos Inc stunned Wall Street and pummeled global financial stocks on the eve of an expected U.S. interest rate cut aimed at preventing a meltdown of the financial system.
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