A rival player holding an ace and a queen matched the bet, and Begleiter's hopes of winning the world championship crumbled when the dealer turned over an ace – giving his opponent a higher ranking pair.īegleiter, 47, was head of corporate strategy at Bear Stearns before the investment bank was rescued by JP Morgan. Steven Begleiter went "all in" with a pair of queens, after around 13 hours of Texas Hold 'Em style poker in Las Vegas. A former senior executive from Bear Stearns crashed out of the finals of the World Series of Poker yesterday after losing his 22 million chips on a single bet.
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