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    • Collapsed during the 2008 financial crisis

      • Bear Stearns was a global investment bank located in New York City that collapsed during the 2008 financial crisis. The bank was heavily exposed to mortgage-backed securities that turned into toxic assets when the underlying loans began to default. Bear Stears was ultimately sold to JPMorgan Chase at a fraction of its pre-crisis value.
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  2. Apr 30, 2023 · Key Takeaways. Bear Stearns was a New York City-based global investment bank and financial company that was founded in 1923. It collapsed during the 2008 financial crisis. Prior to the...

  3. Sep 30, 2018 · New York CNN Business — Bear Stearns was on fire. And its colorful chairman, Jimmy Cayne, was playing cards. Smart Take. Bear Stearns was the first domino to fall in the 2008 financial...

  4. Jan 19, 2018 · On March 16, 2008, Bear Stearns, the 85-year-old investment bank, narrowly avoids bankruptcy by its sale to J.P. Morgan Chase and Co. at the shockingly low price of $2 per share. Bear...

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  5. en.wikipedia.org › wiki › Bear_StearnsBear Stearns - Wikipedia

    The Bear Stearns Companies, Inc. was an American investment bank, securities trading, and brokerage firm that failed in 2008 as part of the global financial crisis and recession. After its closure it was subsequently sold to JPMorgan Chase .

  6. Oct 30, 2021 · Updated on October 30, 2021. Reviewed by. Robert C. Kelly. In This Article. How it Started. The Federal Bailout. Uncovering Fraud. Impact of Bear Stearns' Collapse. Photo: Chris Hondros / Getty Images. Bear Stearns was an investment bank that collapsed and was bailed out in March 2008. Why it collapsed, details of the bailout.

  7. Mar 16, 2018 · The stunning downfall of Bear Stearns and its bridge-playing CEO. by Matt Egan @MattEganCNN March 16, 2018: 8:13 AM ET. Remembering one of the darkest days in financial history. Bear...

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