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Apr 30, 2023 · Hans Daniel Jasperson. What Was Bear Stearns? Bear Stearns was a global investment bank located in New York City that collapsed during the 2008 financial crisis. The bank was heavily...
Jul 31, 2013 · July 31, 2013. How the Execs Who Brought Down Bear Stearns Bounced Back. Five years after their firm crashed and kicked off the financial crisis, these subprime mortgage managers hold top...
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Mar 17, 2008 · Playlist. The collapse of Bear Stearns caps an astonishing run for the Wall Street giant, which managed to survive the Great Depression and many recessions. But the current mortgage debacle...
Jan 19, 2018 · In June, Bear Stearns was forced to pay some $3.2 billion to bail out the High-Grade Structured-Credit Strategies Fund, which specialized in risky investments like collateralized debt...
- Missy Sullivan
Sep 9, 2008 · The Bear Stearns Companies, LLC and its subsidiary, EMC Mortgage Corporation, have agreed to pay $28 million to settle Federal Trade Commission charges that they engaged in unlawful practices in servicing consumers’ home mortgage loans.
The settlement finally resolves claims that Bear Stearns violated federal securities laws by selling certificates backed by approximately 71,000 largely “Alt-A” mortgages in 22 offerings from May 2006 to April 2007.
Oct 2, 2012 · The suit accuses Bear Stearns of failing to ensure the quality of loans underlying residential mortgage-backed securities it packaged and sold in 2006 and 2007. Investors lost more than...
