Bear Stearns

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October 24, 2010

What You Need To Know About The Foreclosure Mess

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(BlackRock manages the mortgage bonds which the Federal Reserve inherited as part of the Bear Stearns bailout.) BlackRock, in turn, is suing Countrywide [...]

October 15, 2010

JPMorgan Profit Up 23% Despite Falling Revenue

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"You know how many suits go on, the class-action suits, the stock drop, the Bear Stearns suits, the WaMu suits, the mortgage suits," said Dimon, [...]

October 11, 2010

Farewell To Wall Street

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The failure of Bear Stearns and Lehman Brothers, not to mention a $700bn government bail-out of the financial system, is gradually being consigned to [...]

October 21, 2010

New York Fed Faces `Inherent Conflict' In Mortgage Buybacks

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The New York Fed, which acquired mortgage debt in the 2008 rescues of Bear Stearns Cos. and American International Group Inc., joined a bondholder group [...]

October 22, 2010

Farr: Your Expensive Mistake

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Bear Stearns had been saved by the government, but Lehman Brothers was not. In spite of the heretofore unimaginable nationalization of Fannie Mae and [...]

October 21, 2010

Fed's 'Weight' Joins Mortgage Investor Bid For Relief

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The New York Fed acquired mortgage debt through its 2008 rescues of Bear Stearns Cos. and American International Group Inc., and its participation may raise [...]

October 11, 2010

New York Fed Took $180 Million Loss On Hilton Debt, FT Reports

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Toxic assets taken on by the central bank from Bear Stearns, the investment bank that was bought by JPMorgan Chase & Co. during the financial crisis, [...]

October 23, 2010

Plosser Says Fed In `Difficult Spot' On Mortgage

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The New York Fed, which acquired mortgage debt in the 2008 rescues of Bear Stearns Cos. and American International Group Inc., has joined a bondholder group [...]

October 11, 2010

Bear Stearns | Business | Guardian.co.uk


Bear Stearns HQ 5 May 2010: James Cayne, who was chief executive until January 2008, and Alan Schwartz, who succeeded him for a few months, are to testify [...]

October 30, 2010

The Rise And Fall Of Bear Stearns - Newsweek


22 Jun 2010 Alan “Ace” Greenberg, the defiant former CEO of Bear Stearns, discloses his regrets, his beef with mortgage brokers, and why he thinks [...]

October 23, 2010

J.P. Morgan Securities


Welcome to J.P. Morgan Securities. J.P. Morgan Securities brings together the strengths of the global J.P. Morgan family as well as best-in-class external [...]

October 11, 2010

Geithner And JPMorgan CEO Jamie Dimon's Parade Of Lies Exposed


Inquiring minds are reading the Financial Times article Fed carries losses from Bear Stearns portfolio to spot lies made by Treasury Secretary Tim Geithner (then president of the New York Fed) and Jamie Dimon, current CEO of JPMorgan [...]

October 15, 2010

Investment Research | Front Page - BoomBustBlog Research Hits ...

Send by Reggie Middleton

This very similar to when I warned about the potential demise of Bear Stearns in January, when the rest of the Street had a “buy” at about $130 per share. See Is this the Breaking of the Bear?. 7 We all know how both of these stories [...]

October 30, 2010

Social Media: Conspicuous Without The Consumption | NEWS Gate

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Bear-Stearns in March of '08, and the collapse of Lehman Brothers, and the markets that September. After the dust had settled, the recovery boosters kept up the heat to talk up a comeback, but the economic recovery hasn't materialized, [...]

October 18, 2010

2 Political Junkies: Jack Kelly Sunday

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And I would have said it as well – and may have – about Wachovia Bank, Lehman Brothers, Bear Stearns, the Royal Bank of Scotland, and dozens of other financial institutions in America and elsewhere which were not in fact in crisis in [...]

October 30, 2010

EXCLUSIVE | NYSC COMMERCIAL (CMBS), MERS And A $65 MILLION NOTE

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Defendants Bear Stearns and Principal Life Insurance move to dismiss the amended complaint. Bear Stearns, which first appears as a defendant in the amended complaint, assert that by entering into a settlement agreement with certain [...]

October 18, 2010

Mitchell Langbert's Blog: David Malpass And Bear Stearns

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My problem with him is his association with Bear Stearns. The firm was allowed to die, but that doesn't change the likelihood that his years on the Street have shaped Malpass's attitudes toward government welfare for bankers. [...]

October 11, 2010

Insider Trading BHP Vs Bear Stearns | The Inflationist - Making ...


Insider trading Spanish bankers who made $1.1m from the recent BHP Potash acquisition have been caught: The Securities and Exchange Commission said Tuesday. [...]

October 18, 2010

NewAmericaNow: Foreclosure Fraud: 6 Things You Need To Know About ...

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I had dinner with my former partner, then lead director of and CEO of Bear Stearns. I could not contain myself so I asked him why he did so much business in OTC derivatives which were certain to bankrupt them. [...]

October 11, 2010

Former Bear Stearns Chief 'Ace' Greenberg On Bailouts, Banks And ...

Send by Jane L. Levere

The former chief executive of Bear Stearns recently had a chance to share his thoughts on the federal government's bailout of Wall Street, banking reform and the controversial books about the downfall of his old firm. [...]

October 11, 2010

Liveblogging The Bear Stearns Hearing SpeakEasy

Send by Zach Carter

By “lack of transparency” here he means that Bear Stearns had lots of complex mortgage securities on its balance sheet. These securities were so complicated, nobody could accurately value them, so they relied on ratings which everybody [...]

October 15, 2010

GOSSIP: Today's Wall Street Buzz In 60 Seconds

Send by Katya Wachtel

JPMorgan Chase is a financial service firm that is the result of multiple merges including most recently JPMorgan, Chase Manhattan, Bank One, Bear Stearns and Washington Mutual. JPMorgan was founded in 1895. JPMorgan Chase has More » [...]

October 18, 2010

Janet Tavakoli On How Bill Gross's Pimco Total Return Fund Benefitted From Fed Intervention In 2008


On July 15, 2008, ex - Goldman Sachs banker and then Treasury Secretary Henry ( “ Hank ” ) Paulson asked Congress for the authority to buy stakes in Fannie Mae and Freddie Mac. Paulson asserted: “ If you have a bazooka in your pocket, and people know you have a bazooka, you may never have to take it [...]

October 18, 2010

The Wrong Argument | Jimmy Harmon

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The prestigious Wall Street investment firm Bear Stearns recently published a report, The Underground Labor Force is Rising to the Surface, which claims that the illegal alien population is double the official government estimates and [...]

October 23, 2010

John Paulson Tells Investors He's Getting Less Bullish On Bank Of ...

Send by Joe Weisenthal

After all, if buybacks of junk securities are now the law of the land, shouldn't the Federal Government force the NY Fed to buy back its $30 billion, fraud-ridden, Bear Stearns Maiden Lane 1 pile of hot steaming crap? [...]


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