Monday, March 17, 2008

The human side of Bear Staern's collapse

Bear also told employees that grief counselors were standing by.

The stability of your world is shattered,” said Ari Kiev, a psychiatrist who counsels financial executives. “You are angry at the firm for failing you. But it’s more than money. It’s the shame and embarrassment. Now the question is, can you pay for the house and do you give up the second car?”

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