Bear Stearns CEO stepping down: Report (CNN Money)

Story date: 2008-01-07 07:23:23
Added on: 2008-01-07 20:00:14

NEW YORK (AP) -- Bear Stearns Chief Executive James Cayne is resigning under pressure from shareholders upset over the firm's losses amid a slew of problems sparked by the collapse of mortgage markets, The Wall Street Journal reported Monday.


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