Bear Stearns' downfall raises questions about other firms:

03/17/2008 | MarketWatch

The Bear Stearns buyout is triggering a crisis of confidence about other brokers, just as Goldman Sachs, Morgan Stanley and Lehman Brothers are about to report results. "If a firm as large and liquid as Bear can be taken down on what appears to us as exaggerated claims about liquidity and counterparty risk ... then what's to stop the same thing happening to other firms facing similar issues," wrote Michael Hecht, an analyst at Banc of America Securities.

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