Sunday, August 5, 2007

UPDATE 3-Bear president resigns; casualty of credit crisis

(Reuters) - NEW YORK, Aug 5 - Bear Stearns Cos
co-President and co-Chief Operating Officer Warren Spector
resigned on Sunday, a casualty of the credit risk crisis at the
investment bank.




Bear Stearns said effective immediately, Alan Schwartz was
the company's sole president.


Read more at Reuters.com Bonds News

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