Bear Stearns Posts Q4 Loss

December 19, 2007

Bear Stearns Cos., the No. 5 U.S. investment bank, said Thursday a bigger-than-expected writedown in its mortgage portfolio caused the first quarterly loss in the company’s 84-year history.

*For more on this story,

read the full Associated Press article.

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Bear Stearns Posts Q4 Loss

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