Oooo, Tough Break

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Steve Liesman reports that the value of the Bear Stearns portfolio held by the Fed dropped nine percent to $26.8 billion from $29.5 billion last quarter.

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PIMCO, via Wikimedia Commons

Layoffs Watch '16: PIMCO To Say Some Tough Good-Byes

On the bright side, you can always join Bill Gross at the new shop?