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Bear Energy April 1, 2008

Posted by newyorkscot in Markets.

Did you know that Bear Stearns has an entire energy business, Bear Energy ? Not just trading natural gas on the financial markets, etc, but actually OWNS a powerplant ! Its trading business therefore supports its physical energy business (by buying/selling natural gas to power their powerplant, and trading the power itself). The business is built on the back of Bear’s acquisition of Williams in 2006.


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