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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.
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 collapse, Bear...
Founded on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns, and Harold C. Mayer, Bear Stearns had survived the Great Depression, the stock market crash of 1987, and the September 11 ...
New York CNN Business — Bear Stearns was on fire. And its colorful chairman, Jimmy Cayne, was playing cards. Smart Take Bear Stearns was the first domino to fall in the 2008 financial crisis...
May 9, 2009 11:59 pm ET. 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...
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.
NEW YORK (Reuters) - The following are a dozen important dates or events in the demise of Bear Stearns. 1) December 14, 2006 - Bear Stearns posts record earnings, touting huge profit gains from...