Bear Stearns layoffs could exceed 10,000, but here comes the fun part:
Bear Stearns staff made redundant will receive nine months full pay and a cash payment equal to one-third of their bonus last year.
Gawker asks, " Why the hell are we bloggers again?"
source: Bear Stearns layoffs could exceed 10,000
Harry Wilson, Financial News online
http://www.financialnews-us.com/?page=ushome&contentid=2450552487
Monday, May 5, 2008
It never ends for Wall Street
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