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Legal News

: Lawyers and Settlements

Bear Stearns: The Deal is Still at Play, Shareholders Fight Back

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New York, NY: The day after the Bear Stearns bailout was announced at the fire sale price of $2 a share, some longtime Bear Stearns employees were seen in the hallways crying. A third of Bear Stearns employees are also shareholders, and suddenly faced losing their life savings if Bear Stearns fails, or is actually sold at such a low price.

Full post as published by Lawyers and Settlements on March 24, 2008 (boomark / email).

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