Posted on September 10, 2008 at 3:24 PM
Filed under: Dealscape | Private Capital Symposium | The Deal's Events
Tagged: Bear Stearns , distressed , Gary Parr , Lazard , Private Capital Symposium , private equity

[ Share ]  [ E-mail ]  [ Leave a Comment ]

Click to play

At The Deal's Fifth Annual Private Capital Symposium, Gary Parr, vice chairman at Lazard, gives his perspective on the fall of Bear Stearns.

"It is as simple, and it was the equivalent, as a run on the bank... Never of us have seen anything like that before," he said.

See more post from The Private Capital Symposium

Also From The Deal Video

• Deal Economy 2010: Avaya's Ali on digesting Nortel
• Deal Economy 2010: Eydenberg on PE IPOs
• Deal Economy 2010: Weil's Miller on resolution authority
• Deal Economy 2010: Bove on bank failures, financial reform
• Deal Economy 2010: Weil's Miller on unwinding Lehman Bros.

The Deal Video Home Page

From The Deal.com

• Hershey cleared to dine on Cadbury
• Deal Stocks: GS, DELL, CBY, HSY, GE, CMCSA
• GSI Group goes under
• Dell drives in IT services as PC slump deepens
• Should MetroPCS take a Leap?

The Deal.com Home

Post a comment

Name:

Email Address:

URL:

Remember personal info?

Comments: (you may use HTML tags for style)

Please only click "Post" once. It may take a few moments to process.