Bear Stearns Purhcase

At Bear, Jimmy Cayne's Apology Met With Silence

New York Times | Posted 05.30.2008 | Business


Mr. Cayne, on his second to last day as chairman of Bear, presided over the meeting at the firm's auditorium, which was filled with more than 400 empl...

Time to Buy Gold Bars?

Charles R. Morris | Posted 04.07.2008 | Business


Charles R. Morris

The acrobatics of the Bear rescue suggest the depths of the abyss that our financial leadership has dug for us. Does anyone believe that this is the last time we will hear Fed sirens wailing in the night?

Britney and the Bear: Who Says You Can't Get Good Help Anymore?

Thomas Ferguson and Robert A. Johnson | Posted 03.27.2008 | Business


Thomas Ferguson and Robert A. Johnson

We have not seen the last bailout in this crisis. If the public is going to pay for them, as we think it must, it should also get paid back for them.

Exclusive: Bear Stearns Employees Already Financially Raped, Now Possibly Enslaved

Jill Brooke | Posted 03.25.2008 | Business


Jill Brooke

JP Morgan CEO Jamie Dimon has called CEOs of investment banks saying that it would be "unpatriotic" to go after Bear Stearns employees until he has had first choice over who to keep and who to fire.

Bear Stearns Fat Cats Elicit Little Sympathy

ABC News | Russell Goldman | Posted 03.19.2008 | Business


As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 03.19.2008 | Business


Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...

What Happened to the Bootstraps?

Cenk Uygur | Posted 03.18.2008 | Business


Cenk Uygur

If the government is going to bail you out, then the government should be regulating you to make sure you're not going to need a bailout.

John McCain And The Economy: Candidate Must Find Way To Separate From Bush

Posted 03.18.2008 | Business


Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...

Reading The Pictures: Bear Stearns' Wanton Ambition

Michael Shaw | Posted 03.18.2008 | Business


Michael Shaw

2008-03-18-shaw_stearns.jpg I kid you not, this is the image from page 4 of the Bear Stearns 2000 Annual Report.

US, Global Markets: What's Next?

The Huffington Post | Posted 03.17.2008 | Business


Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...

Bear Stearns and Carlyle Debacles Are a "Modern-Day Greek Tragedy"

Loretta Napoleoni | Posted 03.17.2008 | Business


Loretta Napoleoni

The collapse of Carlyle Capital and the rescue of Bear Stearns signal the end of nearly two decades of easy money, cheap credit and soaring global debt.

What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business


Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...

Bear Sterns Is Worth Less Than Your Sister's White-Trash Husband

236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home


JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...

Investors Fear Financial Crisis Will Keep Spreading

NY Times | LANDON THOMAS Jr. | Posted 03.17.2008 | Business


The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...

Senator Reid Slams Bush's Handling Of The Economy

New York Times | STEVEN LEE MYERS | Posted 03.17.2008 | Politics


As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...

Obama, Clinton Cite Economic Distress

AP | TOM RAUM | Posted 03.17.2008 | Politics


WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...

Angry Bear Stearns Investors Eye Legal Claims

Reuters | Martha Graybow | Posted 03.17.2008 | Business


Angry Bear Stearns Co Inc shareholders have wasted no time in calling their lawyers to pursue potential legal recourse over the company's $2-a-share f...

Stocks Widely Mixed on Bear Stearns News

AP | MADLEN READ | Posted 03.17.2008 | Business


NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...

Bear Stearns Stockholders Socked

Mortgage News Daily | Posted 03.17.2008 | Business


The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...

Is Lehman Next?

CNN/Money | Colin Barr | Posted 03.17.2008 | Business


Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...

Lehman Brothers Too Big To Fail? Don't Count On It

Henry Blodget | Posted 03.17.2008 | Business


Henry Blodget

Wall Street is in a full meltdown. Bear Stearns is gone, so the markets are wondering who's next. The leading contender? Lehman Brothers.

Global, US Market Updates

Huffington Post | Posted 03.17.2008 | Business


UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...

Brokerage Stocks May Drop 50 Percent, Says Oppenheimer Analyst

Times | Catherine Boyle | Posted 03.17.2008 | Business


Meredith Whitney, the Wall Street analyst who received death threats after writing a negative report about Citigroup, has predicted that financial sto...

BEAR STEARNS FORCED TO SELL FOR $2 PER SHARE

Huffington Post | Posted 03.16.2008 | Business


UPDATED 3/17 AT 8am The AP Reports that global markets are tumbling today on the news that Bear Stearns is being bailed out by JP Morgan Chase: Glo...

JPMorgan Buys Ailing Bear Stearns At Bargain Basement Price

New York Times | ANDREW ROSS SORKIN and LANDON THOMAS Jr. | Posted 03.16.2008 | Business


Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening to be bought by JPMorgan Chase for a bargain-basement price of les...