Bear Stearns

'Ace' Greenberg and the rise (and fall) of Bear Stearns

Jul 25, 2014
Alan Greenberg rose from clerk to CEO of Bear Stearns before its stunning fall.
Posted In: Bear Stearns, Ace, banking crisis

Is 'too big to fail' a permanent state?

Mar 14, 2013
Five years after the financial crisis and banks are still "too big to fail."
Posted In: Banks, too big to fail, Bear Stearns

JP Morgan may pay for Bear's alleged sins

Oct 2, 2012
The New York state lawsuit against JP Morgan Chase centers on alleged Bear Stearns misdeeds well before the investment bank was sold.
Posted In: JP Morgan Chase, Bear Stearns, lawsuit

New York AG on Bear Stearns mortgage bonds: "flamboyant fraud"

Oct 2, 2012
As part of a state-federal investigation, the Attorney General of New York is suing JP Morgan over big losses from mortgage-back securities. The bonds originated with Bear Stearns, which JP Morgan bought in 2008.
Posted In: JP Morgan Chase, Bear Stearns, lawsuit

JPMorgan sued over mortgage-backed securities

Oct 2, 2012
The New York Attorney General is suing JP Morgan Chase over mortgage-backed securities peddled by its Bear Stearns unit, leading up to the financial crisis.
Posted In: JP Morgan Chase, Bear Stearns, mortgage-backed securities

JPMorgan civil suit could be a game changer

Oct 2, 2012
JPMorgan Chase is facing a new law suit: civil fraud charges in New York state, over mortgage-backed securities. How does this case differ from potential criminal charges?
Posted In: JP Morgan, mortgage-backed securities, Bear Stearns

New SEC settlement tests regulator's mettle

Feb 14, 2012
SEC settles fraud case with former Bear Stearns hedge fund managers. Despite public pressure, the SEC fails to wrest admissions of guilt.
Posted In: Bear Stearns, SEC, Securities and Exchange Commission

Wow, somebody doesn't like Geithner

Mar 4, 2009
Yesterday, I mentioned a book coming out next week called "House of Cards." It's about the collapse of Bear Stearns. Another excerpt was...
Posted In: bailout, Banks, Bear Stearns, Geithner

Greed and blindness

Mar 3, 2009
There's an ugly, human thread that runs through all of the collapses and fraud on Wall Street. Two items I read this morning point it out clearly....
Posted In: bailout, Bear Stearns