Bear Stearns Collapse

The Art Market -- One Year Later

Stephanie Adamowicz | Posted 10.19.2009 | New York


Stephanie Adamowicz

When the Dow closed above 10,000 points last week and the Frieze art fair opened in London, art market observers were presented with an opportune time to take stock.

Who Duped Rolling Stone Gonzo Reporter Matt Taibbi?

Diane Tucker | Posted 10.11.2009 | Business


Diane Tucker

Taibbi, Rolling Stone magazine's teen heartthrob, became a sensation last month after calling Goldman Sachs "a giant vampire squid wrapped around the face of humanity."

All The Rage

Michael Sigman | Posted 06.06.2009 | Home


Michael Sigman

"Revenge is a kind of wild justice; which the more man's nature runs to, the more ought law to weed it out." --Francis Bacon Late in the pre-Google ...

Jimmy Cayne's Profanity-Laced Tirade Against Geithner

Huffington Post | Julie Satow | Posted 04.04.2009 | Business


Here's former Bear Stearns CEO Jimmy Cayne's view on Fed Chair Timothy Geithner: "This guy thinks he's got a big d--. He's got nothing, except maybe ...

Book: The Secret History Of Bear Stearn's Boiler Room

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...

New York Psychiatrist Uses Verbal Abuse On Wall Street Clients

The Daily Beast | Dr. Stephen Josephson | Posted 11.06.2008 | Business


A New York psychiatrist says caustic verbal abuse is the best treatment for traumatized Wall Street jocks. Last week the bottom dropped out of the fi...

Hedge Funds Poach Talent From Weakened Investment Banks Like Bear Stearns

DealBook | Posted 07.16.2008 | Business


Hedge funds are on a hiring binge, taking advantage of cutbacks at investment banks. Star traders, senior executives and whole teams have been recruit...

Jeffrey Epstein, Billionaire Charged With Teen Solicitation, Goes To Jail (VIDEO)

CNBC | Vicky Ward | Posted 07.08.2008 | Business


Billionaire Jeffrey Epstein is going to jail on sex charges, and Vicky Ward, a CNBC contributor, discusses the details....

Jeffrey Epstein, Billionaire Charged With Teen Sex Solicitation May Have Lost $57M Thanks To Bear Stearns Mess

New York Post | Posted 07.08.2008 | Business


As if he doesn't have enough problems with the sleazy sex charges against him, it turns out billionaire investor Jeffrey Epstein was one of the bigges...

Did Bear Stearns Execs Cioffi, Tannin Lie To Wall Street, Too?

BusinessWeek | Matthew Goldstein and David Henry | Posted 07.03.2008 | Business


Federal prosecutors may not be done with former Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin, who were charged on June 18 with ly...

Matthew Tannin: Bear Stearns Former Manager Indicted In Mortgage Sweep

Brigitte Bradford | Posted 06.27.2008 | Business


Below is some information on Matthew Tannin, one of the two former Bear Stearns executives indicted today in the FBI's "Operation Malicious Mortgage."...

Ralph Cioffi: Bear Stearns Former Manager Indicted In Mortgage Crackdown

Brigitte Bradford | Posted 06.27.2008 | Business


Below is information on Ralph Cioffi, the former Bear Stearns manager, who was arrested on Thursday and charged with securities fraud and various cha...

Bear Stearns Executives Ralph Cioffi, Matthew Tannin Indicted... FBI Announces "Operation Malicious Mortgage"

AP | TOM HAYS | Posted 06.27.2008 | Business


Two former Bear Stearns managers have been arrested, federal authorities said Thursday, becoming the first executives to face criminal charges in the ...

Bear Stearns Bankers Getting Paid To Literally Do Nothing

NY Mag | Arianne Cohen | Posted 05.20.2008 | Business


Don't feel too sorry for the soon-to-be-laid-off employees at Bear Stearns: Right now they're getting paid to do nothing. "I'd say 50 percent of my de...

Wall Street Shows Optimism That Crisis Is Fading

New York Times | MICHAEL M. GRYNBAUM | Posted 04.09.2008 | Business


Stocks started the second quarter with a soaring rally on Tuesday that sent the Dow Jones industrial average up nearly 400 points, its best performanc...

Bear Stearns' Cayne Sells Once-$1 Billion Stake For $61 Million

AP | JOE BEL BRUNO | Posted 04.05.2008 | Business


NEW YORK — Bear Stearns Cos. Chairman James Cayne dumped his entire stake in the embattled investment bank for $61 million as it appears closer ...

Goldman Sachs: Wall St. May Face $460B In Losses

Bloomberg | Zhao Yidi | Posted 04.02.2008 | Business


Wall Street banks, brokerages and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost fo...

JPMorgan In Secret Talks To Quintuple Bid For Bear Stearns

New York Times | ANDREW ROSS SORKIN | Posted 03.31.2008 | Business


JPMorgan Chase was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns, the beleaguered investment bank, in an effort ...

Congress And Bush Administration At Odds Over Regulating Wall Street

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...

Billionaire Lewis Warns He May Try To Stop Bear Stearns Deal

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...

Did Bear Stearns CEO Alan Schwartz Lie on CNBC?

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...

Bear Stearns Fat Cats Elicit Little Sympathy

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...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

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 -- ...

Bear's Biggest Losers

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...

John McCain And The Economy: Candidate Must Find Way To Separate From Bush

Posted 03.28.2008 | Business


Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...