Bear deal calms, but its reps may flee
Today's news that JPMorgan will be buying Bear Stearns has helped calm some of the industry's anxiety about Bear's precarious state.
Today's news that JPMorgan will be buying Bear Stearns has helped calm some of the industry's anxiety about Bear's precarious state.
But at the same time, observers said that many brokers at Bear Stearns would likely jump ship to other Wall Street firms.
Don Bizub, chief executive officer
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