After significant writedowns and a top level shakeup at the company, is there more trouble ahead for Bearn Stearns? The new CEO, Alan Schwartz, doesn't think so ... but he's not giving guarantees.
"Number One, the markets are not very liquid right now. so we still have positions with hedge and there's a lot to do to keep that in balance," Schwartz said in an exclusive interview with CNBC. "So we still have some carry over from last year. The other thing we have ... there's some reputational damage that we have to go out and repair."