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Samuel Molinaro Jr.
Bear Stearns CFO and COO

Estimated losses: $20.6 million*

Molinaro was named chief operating officer in August 2007, not long after two of the bank's highly-leveraged hedge funds imploded due to big bets on subprime mortgages. He has delivered bad news to investors ever since.

*Estimates based on Molinaro's holdings at the beginning of 2008, when the stock was trading at $88.35.

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Last updated April 03 2008: 8:08 AM ET