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We must take action to stop the greed and corruption on Wall Street.
Mar. 3, 2009 | William D. Cohan | Posted 04.04.2009 | Business
NEW YORK (Fortune) -- Years from now, when academics search for causes of the stock market crash of 2008, they will focus on the pivotal role of mortg...
Ryan Mack | Posted 10.23.2008 | Business
I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.
Pete Cenedella | Posted 10.23.2008 | Business
Forgive me if I smell a similar attempt by the Republicans to ram a lopsided, ready-made and offensive prescription down the throats of the American people under the cover of crisis.
Charlie Cray | Posted 10.23.2008 | Business
They're talking about pushing through the largest bailout in history without any hearings. No time to debate the issues. Just ram it through. That says a lot by itself. Shock doctrine, anyone?
Sasha Abramsky | Posted 10.22.2008 | Politics
It's been said so many times this week, it hardly needs restating, but I'll restate it anyway: the financial collapse we're in the middle of, and the ...
Christopher Fink | Posted 10.20.2008 | Home
When the financial crisis hit this week, the media swiftly declared that dealing with such a reality helped Obama and the Democrats. McCain was on the defensive because actual issues, such as the economy, had taken the spotlight away from pigs with lipstick.
Donnie Fowler | Posted 10.18.2008 | Business
Why won't anyone (anyone!) among our nation's leaders call this government bailout business what it is -- corporate socialism?
Paul Peete | Posted 07.24.2008 | Business
Those Republicans hate big government but love big bailouts, like Bear Stearns and Fannie Mae. And the help comes fast too, unless you are needy people, like the New Orleans Katrina crowd.
Diane Francis | Posted 07.23.2008 | Business
The announcement on Sunday that the Fed and U.S. Treasury will backstop these two financial intermediaries is an entirely predictable, latter-day outcome as a result of cowboy capitalism.
Hale "Bonddad" Stewart | Posted 07.17.2008 | Business
Poor lending standards have led to the collapse of communities and harder times for cities, beyond Bear Stearns. Shouldn't they be getting some help too?
Charlie Rose | Posted 07.15.2008 | Business
I recently spoke with Jamie Dimon, Chairman and CEO of JPMorgan Chase about the Bear Stearns buyout, which many argue prevented chaos from spreading across the global market.
New York Times | Posted 06.07.2008 | Business
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...
AP | MADLEN READ and JOE BEL BRUNO | Posted 06.06.2008 | Business
NEW YORK — Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbl...
AP | TOM RAUM | Posted 04.04.2008 | Business
WASHINGTON — The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters ar...
AP | JOE BEL BRUNO | Posted 04.01.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s higher offer for Bear Stearns on Monday gave the investment bank control of nearly 40 percent of its ailing ri...
Reuters | Posted 03.31.2008 | Business
Bear Stearns Cos (BSC.N: Quote, Profile, Research) could fetch a higher takeover bid from JPMorgan Chase & Co (JPM.N: Quote, Profile, Research), and a...
New York Times | By EDMUND L. ANDREWS and STEPHEN LABATON | Posted 03.30.2008 | Business
As Congress and the Bush administration struggle to contain the housing and credit crises -- and prevent more Wall Street firms from collapsing as Bea...
Bill George | Posted 10.08.2008 | Business
In taking over Bear Stearns just hours before it would have been forced into bankruptcy, JP Morgan CEO Jamie Dimon took on a broad public responsibility to keep financial markets from unraveling.
New York Times | Landon Thomas Jr. and Eric Dash | Posted 03.28.2008 | Business
James Dimon tramped through the rain on Wednesday evening and strode into the headquarters of Bear Stearns, the embattled investment bank he hopes to ...
New York Times | Andrew Ross Sorkin | Posted 03.28.2008 | Business
Bear Stearns shareholders are understandably furious about the investment bank's sale to JPMorgan Chase for about $2 a share. Now one of the largest o...
Silicon Alley Insider | Henry Blodget | Posted 03.28.2008 | Business
One thing is certain about the collapse of Bear Stearns (BSC): It will generate hundreds of millions--if not billions--of legal fees. Some of the fees...
ABC News | Russell Goldman | Posted 03.28.2008 | Business
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...
ABC News | Russell Goldman | Posted 03.28.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
Wall Street Journal | CASSELL BRYAN-LOW, KATE KELLY | Posted 03.28.2008 | Business
British billionaire Joseph Lewis made his fortune gambling on currencies. His recent investment in Bear Stearns Cos. has turned out to be a disastrous...
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Rabbi Shmuley Boteach | Posted 07.25.2009 | Business