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Bear Stearns CEO Will Step Down

Add Cayne to roster of victims of subprime collapse

By Jim O'Neill, Newser User

Posted Jan 8, 2008 7:11 AM CST

(Newser) – Add Bear Sterns CEO Jimmy Cayne's to the list of rolling heads in the subprime mortgage market collapse, reports the Wall Street Journal. Cayne, 73, has been the target of board and shareholder angst over the 53% drop in the bank’s stock last year—... Read full story »

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Bear Stearns CEO Will Step Down

Add Cayne to roster of victims of subprime collapse

subprime mortgages • Bear Stearns • James Cayne

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