对贝尔斯登公司的救助重创了普通股股东。
The rescue of Bear Stearns wiped out the common shareholders.
广告此外，这一举措隐藏的含义是，中等规模的投资银行对金融系统来说也举足轻重，这一点让任何至少与贝尔斯登同等规模的公司都成了投机者密切关注的目标。
Moreover, the implicit declaration that a midsize investment bank was systematically important puts any firm at least as big as Bear in the cross-hairs of speculators.
在进行更大交易之前，JPMorgan的部分投资人宁愿看到公司去处理对贝尔斯登的并购整合。
And some JPMorgan investors may prefer to see the bank deal with the Bear Stearns merger integration first before moving on to even bigger deals.
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