Energy trading is strong and a real opportunity for growth for the firm. We will continue with that in the form of Bear Energy. |
The trip before, we took 4,000 gallons of fuel, and it was $2.19 per gallon. We had over an $8,000 fuel bill on a $30,000 stock. |
This is a tragic situation. Our thoughts are with Matthew and his family and we continue to hope for his complete recovery. |
We are in active discussions with them regarding alternative arrangements. In any event, Bear Stearns remains committed to the energy trading sector, and we intend to continue expanding our presence in the market. |