Mr. Cayne, on his second to last day as chairman of Bear, presided over the meeting at the firm's auditorium, which was filled with more than 400 empl...
236.com | 23/6: News You Can Misuse | Posted 05.25.2011
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
Reuters | Martha Graybow | Posted 05.25.2011
Angry Bear Stearns Co Inc shareholders have wasted no time in calling their lawyers to pursue potential legal recourse over the company's $2-a-share f...
Times | Catherine Boyle | Posted 05.25.2011
Meredith Whitney, the Wall Street analyst who received death threats after writing a negative report about Citigroup, has predicted that financial sto...
Posted 05.25.2011
Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...
The Huffington Post | Posted 05.25.2011
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
CNN/Money | Colin Barr | Posted 05.25.2011
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...
ABC News | Russell Goldman | Posted 05.25.2011
As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...
NY Times | LANDON THOMAS Jr. | Posted 05.25.2011
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...
AP | MADLEN READ | Posted 05.25.2011
NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...
Huffington Post | Posted 05.25.2011
UPDATED 3/17 AT 8am The AP Reports that global markets are tumbling today on the news that Bear Stearns is being bailed out by JP Morgan Chase: Glo...
ABC News | ALICE GOMSTYN | Posted 05.25.2011
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
AP | TOM RAUM | Posted 05.25.2011
WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...
Huffington Post | Posted 05.25.2011
UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...
ABC News | Russell Goldman | Posted 05.25.2011
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
New York Times | STEVEN LEE MYERS | Posted 05.25.2011
As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...
Mortgage News Daily | Posted 05.25.2011
The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...
New York Times | ANDREW ROSS SORKIN and LANDON THOMAS Jr. | Posted 05.25.2011
Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening to be bought by JPMorgan Chase for a bargain-basement price of les...
New York Times | Posted 05.25.2011