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Bookmark or Share- Bear Stearns - WikipediaThe Bear Stearns Companies, Inc. was an American investment bank, securities trading, and brokerage firm that failed in 2008 during the 2007–2008 financial crisis and the Great Recession. After its closure it was subsequently sold to JPMorgan Chase.
- Bear Stearns: Its Collapse, Bailout, Winners & Losers - InvestopediaBear Stearns was a global investment bank located in New York City that collapsed during the 2008 financial crisis. The bank was heavily exposed to mortgage-backed securities that turned into...
- The stunning downfall of Bear Stearns and its bridge-playing CEOBear Stearns was on fire. And its colorful chairman, Jimmy Cayne, was playing cards. The smallest investment bank on Wall Street had survived the Great Depression, Black Monday and the...
- What Happened to Bear Stearns? Who Bought It? - TheStreetBear Stearns played a pivotal role in the Financial Crisis of 2007–2008: It was the first Wall Street institution to collapse and be “bailed out” by the U.S. government due to its risky...
- Bear Stearns collapses, sold to J.P. Morgan ChaseOn March 16, 2008, Bear Stearns, the 85-year-old investment bank, narrowly avoids bankruptcy by its sale to J.P. Morgan Chase and Co. at the shockingly low price of $2 per share.
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