Bear Stearns Forgets To Update Its Web Site
So how was your weekend? Probably not great if you work at Bear Stearns. But even with looming job cuts and a pathetic bail out from the Feds, Bear Stearns' website is still boasting about awards it won in 2007 and 2006 for BearXplorer, a client side risk analytics initiative, whatever that means. The company still claims, "never an unprofitable year." I'd say getting bought out for $2 a share qualifies as unprofitable, but what do I know about banking?