Bear Stearns Execs Cashed Out Just Before Hedge Fund Implosion

The Street via NYMag.com:

Wall Street bank Bear Stearns (BSC - Cramer's Take - Stockpickr - Rating) is right at the heart of the subprime mortgage meltdown. It's reeling from massive, multibillion-dollar losses at two hedge funds.

And every investor who has watched the stock collapse from more than $172 to just $117.78 in a few months is probably kicking himself for not selling at least some back at the peak, before the crisis hit.

Four savvy investors did just that.

Step forward, Alan Greenberg, Sam Molinaro, James Cayne and Warren Spector.

Who are they?

Top honchos at ... Bear Stearns. (Or they were: Spector has now left in a management shake-up. The others remain.)

Read the whole story: The Street via NYMag.com