Life Inside a Battered Brokerage Firm

As the country's fourth-largest investment bank unravels, the more than 20,000 employees of Lehman Brothers have to contend with uncertain job prospects, plummeting stock holdings and the resulting emotional distress. John Ryding can empathize. Ryding was the chief U.S. economist at Bear Stearns when that investment bank collapsed in March and was purchased at a fire-sale price by JPMorgan Chase. "It's not a period of my life that I would want to wish upon anyone," Ryding said. As the...Full Story
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