Yesterday: Bear Stearns President and Chief Executive Alan Schwartz begged to differ with Wall Street. “There is absolutely no truth to the rumors of liquidity problems.” Today: “Bear Stearns has been the subject of a multitude of market rumors regarding our liquidity,” Bear Stearns president and chief executive, Alan Schwartz, said in a statement. “Amidst …
Continue reading “What a difference a day makes at Bear Stearns”