Could have a substantial negative effect on our liquidity

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This statement from the 10-K filed by Bear Stearns for the Fiscal year 2007 indicates that management was aware that the firm was exposed to a run by other banks. “An inability to raise money in the long-term or short-term debt markets, or to engage in repurchase agreements or securities lending, could have a substantial negative effect on our liquidity."

Reference no: EM13890688

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