Some contend that it was Michael Lewis's book "Liar's Poker" which helped bring down Solomon's Brothers. Well, nothing exactly like that can happen to bring down Bear Stears since it's already gone. But tidbits about the old place still make for juicy gossip, especially since two of its former leaders Ralph Cioffi and Matthew Tanin are being tried in court.
NEW YORK Magazine reports that the financial firm's former head of corporate strategy Steven Begleither lost $22 million in one hand of poker. But he did come in sixth overall, out of more than 6000 players, in the World Series of Poker and walked away with $1.59 million in prize money.