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Bear Stearns investors: Who lost big
Bear Stearns employees, who own about 30% of the firm, and fund managers lost big when the Wall Street giant collapsed. Here's a look at some of the hardest hit.
Alan Schwartz
Estimated losses: $115.7 million
Schwartz, a congenial and savvy dealmaker, was charged with righting Bear Stearns' ship when he took over from James "Jimmy" Cayne in January. At the time, Bear Stearns' market cap had fallen from its peak of $25 billion to $10 billion - below book value. In recent days, Schwartz has overseen the firm's fire sale to JPMorgan Chase for a mere $240 million.
*Estimates based on Schwartz's holdings at the beginning of 2008, when Bear Stearns stock was trading at $88.35.
NEXT: James Barrow
Last updated April 03 2008: 8:08 AM ET
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