Due Diligence

Bear, Stearns & Co. Inc. is a leading international investment banking and securities trading and brokerage firm with approximately $6.8 billion in total capital serving corporations, governments, institutions and private investors worldwide. It is the major subsidiary of The Bear Stearns Companies Inc., a New York Stock Exchange listed company that trades under the symbol "BSC."

Established in 1923, Bear Stearns is engaged in corporate finance and mergers and acquisitions, institutional equities and fixed income sales and trading, private client services, asset management, derivatives and securities research. Through its wholly owned subsidiary, Bear Stearns Securities Corp., it provides professional and correspondent clearing services, including securities lending. Through another subsidiary, Custodial Trust Company, Bear Stearns provides master trust, custodial and government securities clearing services.

Headquartered in New York City, Bear Stearns employs over 7,400 people worldwide. The firm has built its reputation as an aggressive and innovative investment banking and securities trading firm by carefully matching its capital and underwriting commitments with disciplined and sustained growth.

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