March 28, 2008 - 12:00am
By Ming Dang
On the evening of March. 16, Bear Stearns announced that it would sell itself to J.P. Morgan at a fire-sale price of $2 per share. Most Cornell students at that time were already at home and looking forward to spring break, but for the select few who accepted offers from Bear Stearns, it was a time filled with trepidation and uncertainty, with some even starting to look for new jobs.
“Several students have come [to Career Services] to understand how to navigate the waters during a time of uncertainty like this. I know there is at least one student from the hotel school, one student from ILR, and one student from CALS who have offers [from Bear] and have come in for advice,” said Rebecca Sparrow, director of Career Services.
