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The Bear Stearns Companies, Inc. was an American investment bank, securities trading, and brokerage firm that failed in 2008 as part of the global financial crisis and recession. After its closure it was subsequently sold to JPMorgan Chase.
Apr 30, 2023 · Bear Stearns was a New York City-based global investment bank and financial company that was founded in 1923. It collapsed during the 2008 financial crisis. Prior to the financial...
Sep 30, 2018 · Bear Stearns was the first domino to fall in the 2008 financial crisis. Chairman Jimmy Cayne is blamed for missing bad bets. Risky mortgages, too much debt and poor oversight led to Bear’s...
Jan 19, 2018 · On March 16, 2008, Bear Stearns, the 85-year-old investment bank, narrowly avoids bankruptcy by its sale to J.P. Morgan Chase and Co. at the shockingly low price of $2 per share. Bear Stearns...
Nov 9, 2022 · Bear Stearns was an investment bank that collapsed during the subprime mortgage crisis in 2008. Read what happened after the Bear Stearns bailout.
Apr 27, 2021 · Learn how a deadly mix of greed and leverage cost investors millions with the collapse of Bear Stearns' hedge funds.
May 10, 2009 · Bear Stearns Cos., the 85-year-old Wall Street firm known for its tough trading culture, was rescued from impending bankruptcy by a deal with J.P. Morgan Chase & Co. on March 16, 2008 -- making...
