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Bear Stearns Cuts 310 Mortgage Jobs, to Merge Units (Update4)

Story date: 2007-10-03 02:11:00
Added on: 2007-10-03 14:31:45


Bloomberg - Bear Stearns, second to Lehman Brothers in underwriting mortgage bonds, cut about 240 jobs at the home-lending units in August, people familiar ... in the market environment and product demand,'' Tom Marano, the firm's global head of mortgages, rates ...


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