NEW YORK — With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the offer price Monday even as investors began turning a critical eye to other investment banks ...
JPMorgan Chase & Co. said Monday it has upped its offer to buyout ailing Bear Stearns Co., offering $10 a share instead of its original offer of $2 for the investment bank that collapsed under the ...
The 2007 implosion of two Bear Stearns hedge funds that invested in risky mortgage bonds led to the wider crash of the financial system, and as it turns out years later, a fairly sizable and eyebrow ...
WASHINGTON — The Federal Reserve's unprecedented intervention on behalf of Bear Stearns Cos. was intended to ease fallout from the credit crunch, but experts fear it augurs more government bailouts as ...
Jamie Dimon still talks about that night like the moment everything almost went off the rails. One phone call. One number. Thirty billion dollars. And a warning that Asia would wake up and burn if ...
Lending giant Washington Mutual has hired the former general counsel of stricken investment bank Bear Stearns. It named Michael Solender as its executive vice president and chief legal officer earlier ...
Bear Stearns must pay at least $125.1 million to a failed hedge fund after a court concluded the securities firm ignored signs that investors were being defrauded and took money to cover its own ...