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The five-bedroom, five-and-a-half-bath co-op at East 60th Street sold for $4.5 million, according to tax records that ...
The $1.5 billion settlement in 2003 and 2004 addressed a scandal over analysts issuing positive research to help Citigroup, ...
An Alaskan brown bear at the Lake Superior Zoo in northeastern Minnesota has a gleaming new silver-colored canine tooth in a ...
Why are companies adding Bitcoin to their treasuries, and could it backfire? A deep dive into capital erosion risks and lessons from GBTC and 2008.
Amir Fischer, 15, interviewed financial titans and learned the power of passion, long-term thinking, risk taking, and ...
Justin Brannan, a city councilman from Bay Ridge running in the Democratic primary, used to play guitar for the hardcore ...
Ty J. Young built a national wealth firm by rejecting volatility and betting on stable, long-term growth.
Founded on May 1, 1923, by Joseph Ainslie Bear, Robert B. Stearns, and Harold C. Mayer, Bear Stearns had survived the Great Depression, the stock market crash of 1987, and the September 11 ...
Bear Stearns collapsed during the mortgage crisis in 2008. Leading to a larger industry and market crash, Bear Stearns' risky investment strategies had more detrimental consequences than expected.
Bear Stearns began to unravel last year when two hedge funds it managed imploded because of heavy bets on subprime mortgage securities. Along with other big investment banks, it was forced to take ...
On Sunday, Mar. 16, 2008, Bear Stearns was bought by JPMorgan Chase & Co (NYSE:JPM), with support and financial guarantees from the Fed, for $2 a share. It was quite the fall from $170 a year ...
Cayne died Tuesday at the age of 87. Do a Google search and you will find countless stories blaming him for the risk-taking that doomed Bear Stearns in the initial stages of the 2008 financial crisis.