Bear Stearns Posts 4Q Loss

Story date: 2007-12-20 02:38:00
Added on: 2007-12-20 21:00:23

Chicago Tribune - NEW YORK - Bear Stearns Cos. said Thursday a bigger-than-expected writedown in its mortgage portfolio caused the nation's fifth-largest U.S. investment bank to post the first loss in its 84-year history. It took a $1.9 billion writedown in the ...


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