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Bear Stearns Has 14,000 Employees
Old 03-17-2008, 09:00 AM   #1
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Bear Stearns Has 14,000 Employees

Wonder how many have the bulk of their 401k in company stock?
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Old 03-17-2008, 09:06 AM   #2
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Wonder how many have the bulk of their 401k in company stock?
Likely a bunch. BSC is known for "encouraging" large holdings of company stock. Hope these folks have been saving those huge end of year bonuses over the years.
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Old 03-17-2008, 09:20 AM   #3
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30% of the outstanding shares were owned by company employees
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Old 03-17-2008, 09:20 AM   #4
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I heard on Fox Financial News this morning that employees owned 1/3 of Bear Stearns.
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Old 03-17-2008, 09:28 AM   #5
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supposedly the CEO is now only worth $12 million down from filthy rich last year
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Old 03-17-2008, 09:33 AM   #6
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supposedly the CEO is now only worth $12 million down from filthy rich last year
Maybe he will show up on this board looking for ways to live within his means. Any guess on what his forum name would be - perhaps "bearkiller"?
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Old 03-17-2008, 12:13 PM   #7
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Wow from $147 to $2, it is like Enron. What a disaster to have the bulk of your wealth tied up in something like this. On the other hand, we can hope that some of the BSD's that caused the mess are getting wiped out in this fiasco.
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Old 03-17-2008, 12:39 PM   #8
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We already hear on TV of Enron-like stories of people who lost most of their savings with BSC's collapse... This guy said that his kids' college fund has been wiped out... It is sad sad sad...
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Old 03-17-2008, 12:42 PM   #9
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i bet if you look back to 2002 you would find that bear stearns did have something to do with enron and they were one of the biggest pushers of these funny money loans.

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