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Bear Eats 'Humble Pie'

New York magazine quotes from an e-mail that is said to have been circulating over in Bear Stearns New York office which reveals that an April 2nd inspection of the firm's in-house staff canteen uncovered 42 US health-code violations. (The average violation-point total for restaurants is said to be 13).

Some Citi Staff May Get Stay Of Execution

At last, some better news for staff over at Citi. Fed up with job losses and asset writedowns (not to mention those constant memos from CEO Vikram Pandit), it seems some of their number may escape the job axe after all.