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I don't know why a medium-sized institution whose
main businesses included capital markets (equities and fixed income), investment banking, wealth management, and prime brokerage clearing services.
is critical.

Retail banking and commercial banking are critical, Bear Stearns engaged in none of them.

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — Franšois in Paris

by Migeru (migeru at eurotrib dot com) on Tue Mar 18th, 2008 at 09:28:26 AM EST
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