One "concerned" analyst was Robert Summers of Bear Stearns.

FORBES: Magazine Article

While he was trading on the information for himself and Lyford Cay fund, a Bear Stearns colleague, Robert Babcock, 33, figured out the trading patterns and began to mimic Franklin's trading for his own account.

FORBES: Magazine Article

Robert Rubin, a bond analyst with Bear, Stearns, thinks regulators will seize on the change in control to gain concessions from TNP.

FORBES: Leveraging the regulators