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How subprime killed Bear Stearns

Appeared on March 17, 2008

What happened was we figured out the whole scheme wasn't working the right way," said George Tsetsekos, dean of the LeBow College of Business at Drexel University. "It's an issue of confidence in the marketplace over the ability of institutions to receive back the funds that were lent."

Read the full story at CNNMoney.com