Bear Stearns
Latest Bear Stearns News
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Web Extra: Read an Excerpt of David Stockman's New Book
Goldman and Morgan Stanley—along with Bear Stearns , Lehman, and the investment banks as a week and even overnight. When Bear Stearns hit the wall in March 2008, for example Street investment houses—including Bear Stearns , Lehman, Goldman, and Morgan
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Rebecca Jarvis Joining ABC News
You may also have seen her on MSNBC and NBC News covering the financial crisis, from the Madoff scandal to the collapse of Bear Stearns and Lehman Brothers and the sale of Merrill Lynch. A superb writer, interviewer and storyteller, Rebecca has reported
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Holiday Forecast: No Shop Til You Drop
Attorney General Eric Schneiderman alleges massive fraud by Bear Stearns as it sold mortgage backed securities. The lawsuit seeks suffered by investors. JP Morgan Chase purchased the collapsing Bear Stearns during the 2008 financial crisis after the alleged crimes
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Investing: Which markets will fare best next?
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns. His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments, is available through John Wiley & Sons. John's e-mail is jwaggoner
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Investing: Which markets will fare best over 10 years?
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns. His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments, is available through John Wiley & Sons. John's e-mail is jwaggoner
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Mitt Romney and Consumer Protection Regulation
eight years into the George W. Bush presidency when catastrophe hit the U.S. economy. They expect us to forget that Bear Stearns , Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, Washington Mutual, Wachovia, Citigroup, and AIG either
News
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Investing: Beware the low-return, high-expense fund
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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Investing: In the quest for income, REITs look promising
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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High-yield muni funds can make some money, but risk's high
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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European stocks: Are they worth the investment risk?
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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Investing: Are self-directed IRAs too good to be true?
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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Commodity funds can reduce your portfolio's riskiness
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
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Some health sectors will profit from ruling
TODAY. His Investing column appears Fridays. See an index of Waggoner's columns . His book, Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments , is available through John Wiley & Sons. John's e-mail is jwaggoner
Videos
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$2 Was Too Little for Bear Stearns
JPMorgan Chase has raised its offer for Bear Stearns to ten dollars per share. They will will also by 39 and a half percent of Bear Stearns stock from the company. Initial stock Reserve must still approve the increase. Bear Stearns stock was going for 67 dollars a share
JPMorgan Chase has raised its offer for Bear Stearns to ten dollars per share. They will also say they say they will also by 39 and a half percent of Bear Stearns stock from the company. Initial stock offer for the investment bank was two dollars a share but the Federal Reserve must still approve the increase. Bear Stearns stock was going for 67 dollars a share just two weeks ago. And 170. Dollars per share a year ago. -
Bear Stearns Scandal
A nine count indictment against two Bear Stearns hedge fund managers has been unsealed in federal court in Brooklyn New York. Ralph Chelsea in Matthew ten and are charged with
A nine count indictment against two Bear Stearns hedge fund managers has been unsealed in federal court in Brooklyn New York. Ralph Chelsea in Matthew ten and are charged with -
Google Searches: Army Combat Shirt, Bear Stearns
Also rising in Google searches today two very different profit reports out of Wall Street. The Wall Street investment bank Bear Stearns reported that its third quarter profit dropped 61%. Analysts that dropped to the sub prime mortgage crisis but in contrast
different profit reports out of Wall Street. The Wall Street investment bank Bear Stearns reported that its third quarter profit dropped 61%. Analysts -- that dropped to the sub prime mortgage crisis but in contrast. The -
Dow Jones Industrial Average Soars to All-Time High
it kind of flashback perspective because the last big rally was in 2007 the economy looking much different at the time. Bear Stearns Lehman Brothers they were still in existence the auto industry look much different. Unemployment rate in 2007 was four point
rally was in 2007 the economy looking much different at the time. Bear Stearns Lehman Brothers they were still in existence the auto industry look much different. Unemployment rate in 2007 was four point 9% right -
Webcast: Bear Stearns ; Protests in Tibet; Blue Whales
after the collapse and fire sale of Bear Stearns to JPMorgan Chase at two dollars a share JPMorgan Chase has brokered a deal to buy Bear Stearns and Harris is joining me now from the doesn't quite make sense here you have Bear Stearns that owns a building in New York worth
point. It comes days after the collapse and -- fire sale of Bear Stearns to JPMorgan Chase at two dollars a share. Democratic presidential hopeful Barack Obama delivers a major speech on race later this morningReserve. And the news JPMorgan Chase has brokered a deal to buy Bear Stearns and Harris is joining me now from the New York Stock Exchange and Dan. On the face of it this deal doesn't quite make sense here you have Bear Stearns that owns a building in New York worth a billion and a half dollars. And JPMorgan buys the whole company for a little bit more than 260. Million so what's going on. I mean is incredible when you think about the discount that JPMorgan may be getting here if the deal goes through their paying two dollars a share. In January of last year. Bear Stearns is trading for a 170. Dollars a share since an extraordinary discount everybody here has been talking about it all day long what's going on. Of Bear Stearns . Invested as you know eighty heavily. In mortgages many of which went sour over the last couple of years. And that created -- real panic about the company people started saying I want my money back it turned into a run on the bank. And and was teetering on the verge of collapse -- the -- swooped -- and said you're gonna do this deal with JPMorgan Chase. But the people from Bear Stearns were out last week in the press saying look we got plenty of money we got lots of liquidity. And then all of a sudden by the weekend they're gone that the Fed and forced them in effect to sell it to JPMorgan so what happened. Power of rumors that power of rumors of what happened that -- -- -- a lot of people here are telling me that that. That that banks admit there they don't sell widgets they in many ways they self confidence people have to be confident. That they're doing business with that solid institution and -- -- confidence eroded because of these rumors about. Bear Stearns keep hearing on the edge. They lost their their war their core commodity witches -- and again as I said -- when that went away everything went away. So people who own stock in Bear Stearns have lost a lot of money but people who have bought stock through Bear Stearns as a brokerage firm. -- -- -- -- That that if there is -- one individual by the way who who -- the largest shareholder in Bear Stearns at a billion dollars. Rather -- several several billion dollars -- -- cares. He lost a billion dollars as a result of -
Why Bear Stearns Bombed
JPMorgan Chase has brokered a deal to buy Bear Stearns Dan Harris is joining me now from the doesn't quite make sense here you have Bear Stearns that owns a building in New York worth a share. In January of last year. Bear Stearns was trading for a 170. Dollars a an
Reserve. And the news JPMorgan Chase has brokered a deal to buy Bear Stearns Dan Harris is joining me now from the New York Stock Exchange and Dan. On the face of it this deal doesn't quite make sense here you have Bear Stearns that owns a building in New York worth a billion and a half dollars. And JPMorgan buys the whole company for a little bit more than 260. Million so what's going on anything. -- when you think about the discount that JPMorgan may be getting here if the deal goes through their paying two dollars a share. In January of last year. Bear Stearns was trading for a 170. Dollars a -- -- an extraordinary -- everybody here has been talking about it all day long what's going on. Don't Bear Stearns . Invested as you know eat eat heavily. In mortgages many of which went sour over the last couple of years. And that created -- real panic about the company people started saying I want my money back it turned into a run on the bank. And and it was teetering on the verge of collapse -- -- the -- -- -- and -- -- -- -- -- deal -- JPMorgan -- But the people from Bear Stearns were out last week in the press saying look we got plenty of money we got lots of liquidity. And then all of a sudden by the weekend they're gone that the Fed and forced them in effect to sell it to JPMorgan so what happened. Power of rumors that power of rumors of what happened that -- a lot of people here are telling me that that. That that banks that there they don't sell widgets they in many ways they self confidence people have to be confident. That they're doing business -- -- solid institution and an -- confidence eroded because of these rumors about. Bear Stearns keep hearing on the edge. They lost their their war their core commodity witches -- and again as I said -- when that went away everything went away. So people who own stock in Bear Stearns have lost a lot of money but people who have bought stock through Bear Stearns as a brokerage firm. And -- they stand. That that if there is a one individual by the way who who -- the largest shareholder in Bear Stearns at a billion dollars. Rather ordered several several billion dollars -- -- cares. He lost a billion dollars as a result of -
Bear Stearns Bailout
what is really a stunning collapse. Bear Stearns it was one of the biggest names on Wall basement price. It is a fire sale. Bear Stearns the Wall Street legend in business for In which it is how. JPMorgan got Bear Stearns for assigned to good uses that Bear
here today as traders react to what is really a stunning collapse. Bear Stearns it was one of the biggest names on Wall Street and investment bank that made some bad bets in the housing market. And is now being sold at a bargain basement price. It is a fire sale. Bear Stearns the Wall Street legend in business for 85 years is being sold to JPMorgan Chase for just two dollars a share. To put that in perspective last year bear shares were selling for a 170 dollars. The company is now being sold for a quarter of the value of this skyscraper. In which it is how. JPMorgan got Bear Stearns for assigned to good uses that Bear Stearns got sold. And they can just go wonders. This is big economic news not just for Wall Street insiders but also for the rest of us. Through Bear Stearns is not a bank in the way your corner bank is a bank it's an investment bank that -- and borrows from other Wall Street giants. The fear though was that -- Bear Stearns fell that would set up a panic and all the other banks including your corner bank. Would put the brakes on lending











