Bear Stearns Stockholders Socked
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...
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...
CNN/Money | Colin Barr | Posted 03.17.2008 | Business
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...
Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 03.17.2008 | Business
Joseph Lewis, the billionaire investor who bought 9.4 percent of Bear Stearns Cos. last year, lost $1.16 billion on his stake after JPMorgan Chase & C...
Henry Blodget | Posted 03.17.2008 | Business
Wall Street is in a full meltdown. Bear Stearns is gone, so the markets are wondering who's next. The leading contender? Lehman Brothers.
Huffington Post | Posted 03.17.2008 | Business
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...
Times | Catherine Boyle | Posted 03.17.2008 | Business
Meredith Whitney, the Wall Street analyst who received death threats after writing a negative report about Citigroup, has predicted that financial sto...
Charles R. Morris | Posted 03.17.2008 | Business
Fed Chairman Ben Bernanke may be running for a "Hero of Wall Street" award. Last week, he threw his body -- or, more accurately, ours -- over the railroad tracks to slow an onrushing Bear Stearns trainwreck.
Huffington Post | Posted 03.16.2008 | Business
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...
New York Times | ANDREW ROSS SORKIN and LANDON THOMAS Jr. | Posted 03.16.2008 | Business
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...
AP | STEPHEN BERNARD and JOE BEL BRUNO | Posted 03.14.2008 | Business
NEW YORK — On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos...
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Mortgage News Daily | Posted 03.17.2008 | Business