At Bear, Jimmy Cayne's Apology Met With Silence
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...
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...
Charles R. Morris | Posted 04.07.2008 | Business
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?
Thomas Ferguson and Robert A. Johnson | Posted 03.27.2008 | Business
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.
Jill Brooke | Posted 03.25.2008 | Business
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.
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...
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 -- ...
Cenk Uygur | Posted 03.18.2008 | Business
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.
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...
Michael Shaw | Posted 03.18.2008 | Business
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...
Loretta Napoleoni | Posted 03.17.2008 | Business
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.
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
Henry Blodget | Posted 03.17.2008 | Business
Wall Street is in a full meltdown. Bear Stearns is gone, so the markets are wondering who's next. The leading contender? Lehman Brothers.
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...
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...
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...
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...
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New York Times | Posted 05.30.2008 | Business