Bear Stearns employee donations replace toys lost to San Francisco rains.SAN FRANCISCO--(BUSINESS WIRE)--December 18, 1995--Bear Stearns & Co. Inc. announced today that employees in the San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office have collected funds to replace toy donations lost last week to flooding in the Fire Department's China Basin warehouse. Alicia Morgan and Patty Lamb, both sales assistants in Bear Stearns' San Francisco office, spearheaded the collection effort which raised $1,000. Richard G. LaVoice, senior managing director and head of the San Francisco office, has matched the collected funds with a $1,000 contribution, bringing the total to $2,000. The donations will buy toys for the Firefighter's Toy Program, the fire department's annual holiday giveaway. Mr. LaVoice said, "The spirit of philanthropy and community service is deeply rooted within Bear Stearns' culture. Even last week's devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. rains can't dampen this spirit. When we learned one third of the Fire Department's holiday collection had been flooded, Bear Stearns flew into action to replace the damaged toys. I'm proud of the San Francisco office's strong community commitment." Bear, Stearns & Co. Inc., a leading worldwide investment banking and securities trading and brokerage firm, is the major subsidiary of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange :BSC (Binary Synchronous Communications) See bisync. ). With over $6.8 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales and trading, private client services, foreign exchange and futures sales and trading, asset management, and custody services. Through Bear, Stearns Securities Corp., it provides professional and correspondent clearing, including securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. . Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has over 7,400 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco and Washington, D.C.; and an international presence in Beijing, Buenos Aires, Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Hong Kong, Karachi, London, Madrid, Manila, Paris, Sao Paulo, Shanghai, Singapore and Tokyo. CONTACT: Bear, Stearns & Co. Inc. Hannah Burns, 212/272-2395 or Mary Flounders, 212/272-4356 |
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