Search results
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.
Apr 30, 2023 · 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 financial...
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.
Sep 30, 2018 · The collapse of Bear Stearns in 2008 was stunning, both for how fast it happened and because Jimmy Cayne, who had led the bank through years of success, was apparently asleep at the wheel.
Oct 30, 2021 · Bear Stearns: Its Collapse and Bailout. How a Bank That Survived the Depression Started the Great Recession. Bear Stearns was an investment bank that collapsed and was bailed out in March 2008. Why it collapsed, details of the bailout.
Apr 27, 2021 · Learn how a deadly mix of greed and leverage cost investors millions with the collapse of Bear Stearns' hedge funds.
Nov 9, 2022 · The Great Financial Crisis 10 Years On: Bear Stearns Acquired by JPM. In 2008, JPMorgan Chase & Co. (NYSE: JPM) announced that it would acquire Bear Stearns in a stock-for-stock exchange...
Mar 17, 2008 · When the dust settled from the dramatic downfall of Bear Stearns, one of Wall Street's most storied investment banks, rival JP Morgan Chase wound up taking control of it.
Jan 2, 2022 · James Cayne, who was the chief executive of the investment bank Bear Stearns as it lurched into the global financial crisis, died on Tuesday in Long Branch, N.J. He was 87. His death, at a...
Mar 14, 2010 · Two years ago on Sunday, Treasury Secretary Hank Paulson called up Alan Schwartz, the chief executive of Bear Stearns, and told him the jig was up. “Alan, you’re in the government’s hands ...
