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History. Bear Stearns' former offices at 383 Madison Avenue. Bear Stearns was founded as an equity trading house on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital (equivalent to $8,941,406 in 2023). Internal tensions quickly arose among the three founders.
Apr 30, 2023 · Bear Stearns was an investment bank located in New York City that collapsed during the subprime crisis in 2008. The company was founded in 1923 and survived the Crash of 1929, becoming a global ...
Sep 30, 2018 · The collapse of Bear Stearns’ stock price caused Cayne, who joined the company in 1969, to lose about $1 billion. Cayne, now 84, could not be reached for comment.
Market Open. Jul 26, 2023 - Jul 26, 2024. Historical Prices. Daily. Currency in Download. Date. There are no in the selected time period. Discover historical prices for BSC stock on Yahoo Finance ...
Apr 27, 2021 · March 16, 2008—JPMorgan Chase (JPM) announced that it would acquire Bear Stearns in a stock-for-stock exchange that valued the hedge fund at $2 per share. The Mistakes Made .
