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Image: Did CNBC Kill Bear Stearns?

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First Buzzed By: GKitty

Did CNBC Kill Bear Stearns?

Submitted: Jun 30, 2008 - Next month's Vanity Fair features a fantastic dissection of Bear Stearns' collapse by Bryan Burroughs. One undercurrent the article explores is the role "trigger-happy reporters at CNBC" played in the Wall Street firm's demise. Burroughs' post-mortem suggests that managing CNBC reporters' egos was as high a priority to Bear Stearns executives as lining up billions of bailout dollars, and hints…

» Full Story on Huffington Post