[lbo-talk] Bear Stearns, China's CITIC strike alliance

uvj at vsnl.com uvj at vsnl.com
Tue Oct 23 16:22:46 PDT 2007


Xinhua http://www.xinhuanet.com/english/

Bear Stearns, China's CITIC strike alliance http://news.xinhuanet.com/english/2007-10/23/content_6927022.htm

www.chinaview.cn 2007-10-23

NEW YORK, Oct. 22 (Xinhua) -- Bear Stearns, the U.S. investment bank battered by slumping mortgage markets, and China's CITIC Securities have agreed to swap stakes in each other and form a broad alliance, the firms said on Monday. http://news.xinhuanet.com/english/2007-10/23/content_6927022.htm



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