Bear Stearns chief to step down after huge US sub-prime losses (Times Online Sunday)

Story date: 2008-01-07 05:39:31
Added on: 2008-01-07 22:00:12

James Cayne, the chairman and chief executive of Bear Stearns, is understood to be stepping down as chief executive, six months after the bank admitted huge losses caused by the sub-prime mortgage crisis in the United States.


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