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has learned. Bear Stearns Cos., the No. US 5 bank, investment Thursday a said writedown in its mortgage portfolio caused first the loss quarterly in. "Bear The is View" attempt an
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in the US. Bear Stearns' earnings and stock price have been battered by the collapse of the mortgage market, where it has been a leader in making and securitizing. The brokerage posts a huge loss and $1.9 billion in additional write-downs in the fourth quarter. NEW YORK (AP) - The collapse of the subprime mortgage market and ensuing credit crisis
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