Bear Sterns Is Worth Less Than Your Sister's White-Trash Husband
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
NY Times | LANDON THOMAS Jr. | Posted 03.17.2008 | Business
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...
New York Times | STEVEN LEE MYERS | Posted 03.17.2008 | Politics
As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...
AP | TOM RAUM | Posted 03.17.2008 | Politics
WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...
Reuters | Martha Graybow | Posted 03.17.2008 | Business
Angry Bear Stearns Co Inc shareholders have wasted no time in calling their lawyers to pursue potential legal recourse over the company's $2-a-share f...
John Tepper Marlin | Posted 03.17.2008 | Business
The Brady bonds worked in the '90s. Could they work again today to restore liquidity and make unnecessary further direct interventions by the Fed?
AP | MADLEN READ | Posted 03.17.2008 | Business
NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...
Mortgage News Daily | Posted 03.17.2008 | Business
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...
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 Via BusinessWeek | Posted 03.03.2008 | Business
Embattled online broker E-Trade Financial Corp. said Monday it named Chairman Donald Layton, a veteran of JPMorgan Chase & Co., to take over as chief ...
AP | Madlen Read | Posted 01.16.2008 | Business
JPMorgan Chase & Co. said Wednesday its fourth-quarter profit fell 34 percent after its exposure to subprime mortgages -- though much smaller than at ...
AP | Tim Paradis | Posted 01.11.2008 | Business
Wall Street plunged again Friday amid renewed fears that the financial sector's troubles with bad credit won't soon end and that some consumers are bu...
Reuters | Posted 01.09.2008 | Business
Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc (JPM.N) as a senior adviser, according to a...
AP | Posted 01.07.2008 | Business
More than 86,000 mortgage jobs were cut in 2007 because of the weakening real estate market, according to a new report released Monday by MortgageDail...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
UPDATE 12/2: Marc Ambinder is reporting that Jeb Bush is considering a run for the Senate to...
President Bush let it all out today during an interview with ABC News' Charlie...
this just in: Governor Palin Neglects Alaska Duties for Partisan Stumping on...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Pardon the metaphor, but Obama is trying to put lipstick on the pig that is US...
President-elect Barack Obama and Vice President-elect Joe Biden met in Philadelphia...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
Last night, CNN's Campbell Brown criticized President-elect...
DALLAS — Of all the cajoling, snide remarks and...
Now that Americans have footed the bill for more than a...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home