Jim Cramer (Kind Of) Owns Up To His "Bear Stearns Is Fine" Comments
Jim Cramer became a feast for late night comedy after he called Bear Stearns "fine" a week before its spectacular collapse. Cramer appeared on CNN's ...
Jim Cramer became a feast for late night comedy after he called Bear Stearns "fine" a week before its spectacular collapse. Cramer appeared on CNN's ...
BusinessWeek | Alison Damast | Posted 03.21.2008 | Business
The stunning collapse and fire sale of investment house Bear Stearns (BSC)--a major employer of business graduates--has added another worry to an alre...
AP | TIM PARADIS | Posted 03.20.2008 | Business
NEW YORK — Wall Street capped a week of remarkable volatility with a big advance Thursday that left stocks higher for the week but didn't silenc...
Fortune's Stanley Bing | Posted 03.20.2008 | 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.
David Neubert | Posted 03.19.2008 | Business
I've been getting the inside scoop from some hedgefund traders (who always request to remain anonymous).
Vince Farrell | Posted 03.18.2008 | Business
Maybe Bear deserved to fail, or maybe it was just bad luck to be in the cross-hairs at the wrong time. But I can see how stockholders and employees would be enraged.
Fortune's Stanley Bing | Posted 03.17.2008 | Business
I'm sure your eyes goggled when you saw it too. JP Morgan paid a couple or three hundred million for a company worth incalculably more. It's stunning.
CNBC | Posted 03.17.2008 | Business
What a difference a week makes. On Tuesday, March 11, Jim Cramer assured "Mad Money" viewers that Bear Stearns was doing fine. Specifically, he remark...
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 03.14.2008 | Business
Get ready. Now that Bear Stearns has been forced to run hat in hand to the Fed and whimper that it's "too big to fail," the mewling is about to begin.
Financial Times | Anuj Gangahar | Posted 03.06.2008 | Business
Assets at the largest US hedge funds grew by more than a third last year, even though three of the 10 largest funds lost a combined $24bn in assets th...
Wall Street Journal | LINGLING WEI, RANDALL SMITH | Posted 03.03.2008 | Business
After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and o...
Fortune's Stanley Bing | Posted 02.27.2008 | Business
I just had what I believe to be a very satisfactory discussion with a nice woman who has not yet gone postal at the Postal Service.
Wall Street Journal | MARK MAREMONT and SUSANNE CRAIG | Posted 01.14.2008 | Business
In the spring of last year, two investment arms of J.P. Morgan Chase & Co. began accumulating shares in Rural Cellular Corp., a small Minnesota provid...
Barry Lando | Posted 01.10.2008 | Politics
When Blair's diplomatic appointment was announced, many questioned his ability to act as an honest broker in the region. Blair's million dollar job with J.P Morgan provides skeptics with further ammunition.
Reuters | Paul Thomasch | Posted 01.03.2008 | Business
Media company Landmark Communications said on Thursday it was exploring the sale of its publishing and television businesses including cable network T...
24/7 Wall Street | John C. Ogg | Posted 12.26.2007 | Business
The Dogs of the Dow aren't necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the ...
Wall Street Journal | ROBIN SIDEL | Posted 12.03.2007 | Business
J.P. Morgan Chase & Co. is putting its money to work. After years of watching rival Wall Street firms plow their own cash into principal investments,...
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Huffington Post | Posted 03.23.2008 | Business