Bear Stearns reports first quarterly loss
英语阅读是考研英语的重头戏，怎么复习?怎么训练?建议同学们采取英语朗读的方法每天练习10-20分钟，快速提升英语的阅读能力和听力水平！Bear Stearns, the major U.S. investment bank, reported on Thursday its first quarterly loss ever in its eight-decade history due to the mortgage crisis.
Bear Stearns said it lost about 854 million U.S. dollars, or 6.90 dollars a share, for the fourth quarter, compared with a profit of 563 million dollars, or 4 dollars a share, in the period a year earlier.
Bear Stearns also said it had written down 1.9 billion dollars of its holdings in mortgages and mortgage-based securities, up from the 1.2 billion dollars it had anticipated last month.
"We are obviously upset with our 2007 results, particularly in light of the fact that weakness in fixed income more than offset strong and, in some areas, record-setting performance in other businesses," James E. Cayne, Bear Stearns' chairman and chief executive, said in a statement.
As a result of its disastrous results, Bear Stearns said its management will not receive bonuses this year.
听力和书面表达通常是我们学生的弱项，希望大家在英语朗读的方法下，并结合实际情况安排练习，不要一味模仿别人，要在练习过程中及时总结经验，包括时间安排等，让自己的考研英语水平得到一个很大的提升！
页:
[1]