Skip navigation

Who'll Be Left Standing?

On Feb. 20, 2008, my husband, Peter Nesvold a newly minted partner at Bear, Stearns & Co. Inc. came home and said, I think my firm is going bankrupt. I told him he was crazy, that Bear Stearns had one of the strongest balance sheets on Wall Street. And I teased him about being the poster child for doom and gloom. Peter had been predicting the sky would fall since early 2005. That was when he examined

On Feb. 20, 2008, my husband, Peter Nesvold — a newly minted partner at Bear, Stearns & Co. Inc. — came home and said, “I think my firm is going bankrupt.”

ARTICLE ACCESS REQUIRED

Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).


If you are interested in unlimited article access for one year, please select Annual Subscription below.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish