Bear Stearns clients rush to appoint additional brokersFinancial News, March 24, 2008
S3 Partners citation:
Robert Sloan, managing partner, S3 Partners, said: "We don't see clients rushing back in. We moved in the first place because of the way Bear Stearns communicated its liquidity and strength. It sent round a circular, saying 'we are very strong'. Investment banks only do that kind of circular when it's reactive."
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