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Published on FierceFinance (http://www.fiercefinance.com)

Putting Bear Stearns to rest is tricky

By admin
Created May 8 2008 - 6:59am

TheStreet.com reports that some analysts are "furious" over a recent decision that characterizes them as "non-administrative" personnel. At first blush, one would think that is an accurate assessment. Then again, the company deemed them revenue generating, which also is a bit hard to believe. I don't see stock analysts as administrative in any way. I doubt they see themselves that way. Analysts may not be a real revenue center any more, but administrative? When you consider that administrative employees qualify for a better severance payout, it all becomes clear. Everyone else in research was deemed administrative.  

For more:
- here's the article [1] from TheStreet.com

Related Articles:
Similarities between Bear Stearns and Enron? [2]
Thoughts on the root of the crisis [3]


Source URL:
http://www.fiercefinance.com/story/putting-bear-stearns-to-rest-is-tricky/2008-05-08