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Bear Stearns had a reputation of being the scrappy underdog and maverick compared to the other white shoe investment banks on Wall Street. Over the

Bear Stearns had a reputation of being the scrappy underdog and maverick compared to the other "white shoe" investment banks on Wall Street. Over the years, the firm had developed a renegade, cutthroat culture that stemmed from its dominant position in bond trading. Do you think this culture played a role in its demise?

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