Bear Stearns EmployeesSubmitted by JohnGalt300 on Mon, 03/17/2008 - 20:13
They got screwed. A third of the company's stock was held by employees. When they were sold for two dollars a share, their savings were wiped out. Many of those employees are now getting the sack. I heard on the news today they are drafting a class action lawsuit against senior management. I believe JP Morgan is being named as a co-defendant. Can we support this effort?
Does anyone know any Bear Stearns employees? We should reach out to them and get their support.