Bear Stearns Announces Jonathan Golub as Chief Investment Strategist

Business Wire, Oct 11, 2007

NEW YORK -- Bear, Stearns & Co. Inc. today announced that Jonathan Golub has joined the firm as a senior managing director and chief investment strategist. Mr. Golub, who has 20 years of investment industry experience, introduced a 2008 year-end price target for the S&P 500 of 1,700. He is based in New York and reports to Kay Booth, Director of Global Equity Research.

"Jonathan takes a direct, in-depth approach to investment strategy that spans US equities and the markets globally," said Ms. Booth. "He's a wonderful addition to our equity research team and he's certain to be an asset to our clients."

For six years before joining Bear Stearns, Mr. Golub was the US equity strategist at JP Morgan Asset Management where he also led its client portfolio management group. He was previously with Scudder Kemper Investments and Chancellor Capital Management where he worked with institutional clients. Mr. Golub has a Bachelor of Economics from The Wharton School of the University of Pennsylvania and is a Chartered Financial Analyst.

Bear Stearns

Founded in 1923, The Bear Stearns Companies Inc. (NYSE: BSC) is a leading financial services firm serving governments, corporations, institutions and individuals worldwide. The Company's core business lines include institutional equities, fixed income, investment banking, global clearing services, asset management, and private client services. Headquartered in New York City, the company has approximately 15,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's web site at www.bearstearns.com.