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(Image from article: "Bear Stearns' former CEO defends practices, blames 'market forces' for collapse")

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Bear Stearns' former CEO defends practices, blames 'market forces' for collapse

Other Bear Stearns executives also contend during a federal hearing that they closely monitored the firm's risk and tried to reduce exposure but that ultimately a rumor-fed run caused the downfall. One questioner calls their testimony a 'pathetic mythology.'

Former executives at Bear Stearns Cos.

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