Bear Sterns
What is going on here

How can a bank like this be so over leveraged that it essentially fails at the first hint of trouble.

If that was not bad enough the fact that it got sold at the price it did is a gross sell out of its employees all to be able to say that it did not legally go bankrupt when in fact its employees might have done better financially if it had.

Company: Bear Sterns
Country: USA

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