Bear Stearns to `Weather Storm,' Won't Need Infusion (Update6)

Story date: 2007-10-04 01:27:00
Added on: 2007-10-04 14:00:26

Bloomberg - Bear Stearns, the second-biggest underwriter of U.S. mortgage-backed securities, said yesterday it was cutting 310 jobs from units that originate mortgages. Securities firms have been eliminating mortgage jobs after record U.S ...


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