Wednesday, January 26, 2011

Bear Stearns Nierenberg Doesn’t Think Cheating Emails are a Big Deal #tcot

Teri Buhl

That lawsuit JP Morgan really really didn’t want you to read has just been unsealed and now we see why they used their big bank status to muscle the courts and keep it out of the public eye. The suit shows Bear executives, who all made millions and got great jobs at other banks when Bear failed, out right stole from their own investors and clients. What‘s worse is JP Morgan covered it up for the last three years.

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