Select Investors Win Big On Bear's Downfall
The collapse of Bear Stearns Cos. dealt a severe blow to investors, from big names like billionaire Joseph Lewis to thousands of employees of the brok...
The collapse of Bear Stearns Cos. dealt a severe blow to investors, from big names like billionaire Joseph Lewis to thousands of employees of the brok...
Fortune's Stanley Bing | Posted 03.28.2008 | Business
Good Luck to you, Joseph Lewis. It looks like you've got the will, the spunk and the resources to fight the inevitable hand of fate. And who knows? You may succeed. One of us losers has to get lucky some time, I guess.
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...
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...
Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 03.28.2008 | 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...
BusinessWeek Via Yahoo | Ben Levisohn | Posted 03.28.2008 | Business
Joseph Lewis' big bet on Bear Stearns is looking like a big mistake. Since the billionaire investor came on board last September, upping his stake thr...
Wall Street Journal | GREGORY ZUCKERMAN, JENNY STRASBURG and TOM MCGINTY | Posted 03.28.2008 | Business