Warren Spector Is Out

Warren Spector Is Out done bye bye, Bear Stearns the manager of two hedge funds that imploded last month, will be booting out Warren Spector, the big guy of bond and stock trading, the Wall Street Journal reported, citing an unidentified person familiar with the matter.

The company’s board will meet on Aug. 6 to talk about the canning of Warren Spector, one of the irony of the story is Warren Spector was supposed to be the leading candidate to become chief executive officer lol :) , the Journal reported. The report said. Jessica Shepherd-Smith, a London-based spokeswoman for Bear Stearns, declined to comment today when contacted by Bloomberg. .

Warren Spector, 49, has worked at Bear Stearns for his entire career, earning a seat on the board at the age of 30, reported the Journal. Warren Spector from hero to zero in a month.

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