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Bear Stearns Will Cut 310 Jobs As It Shuffles Mortgage Business

Story date: 2007-10-03 11:41:00
Added on: 2007-10-03 14:00:28


Wall Street Journal - The investment bank, along with Lehman Brothers Holdings Inc., is a leader in making and securitizing home loans. Bear Stearns' mortgage origination unit started the year with about 1,500 employees. Since then, the bank has cut about 600 jobs ...


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