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Stirling Cooke reports heavy losses, announces possible de-listing

Stirling Cooke Brown Holdings has reported a net loss of $11.27 million for the quarter ended December 31, 2001, bringing its total losses over the last two fiscal years to $58.34 million.
The company has also publicly disclosed what InsideBermuda first revealed on January 31, 2002 – that it faces having its shares de-listed from the NASDAQ National Market System.