Washington to Bear Stearns Shareholders: Drop Dead
taipanpublishinggroup.com — Attention, ticked-off Bear Stearns shareholders: It’s the government you should be mad at. That was perhaps the most interesting piece of news to come out of the grilling that just took place on Capitol Hill. In testimony to congress, treasury officials admitted they were the ones demanding a super-low share price in the Stearns-Morgan deal. (Submitted by taipangroup) More...
Bear Stearns Upgrades XM Satellite
mrwavetheory.blogspot.com — XM Satellite has figuratively fallen from the sky dropping over 75% in the last 2 years. To put things into perspectively, satellite stocks have gone from hot to cold and totally gotten trashed. Today, Bear Stearns upgraded the fallen stock "Our 2007 target price of $17 is based on our discounted cash-flow valuation and supported by disco (Submitted by inactive) More...
The Last 72 Hours of Bear Stearns
latimes.com — Once confidence in a company falls away on such a grand scale, it can never recover. Bear started that week with more than $18 billion in capital, its largest cash position ever. Three days later, negative headlines, a stock drop, lender reticence and big withdrawals from client accounts cut capital levels in half. 8 hours later, it was nearly dead (Submitted by SoyJames) More...
US STOCKS-Market drops as Bear Stearns sold for $2/share
reuters.com — (Updates to early morning) By Jennifer Coogan NEW YORK, March 17 (Reuters) - U.S. stocks fell on Monday after JPMorgan Chase (JPM.N: Quote, Profile, Research) bought Bear Stearns (BSC.N: Quote, Profile, Research) at a fire sale price and the... (Submitted by mihnea007) More...
Bear Stearns Subprime Mortgage Analyst Called Out by NY Times
wealthproject.blogspot.com — In today's New York Times article "Crisis Looms in Market for Mortgages", reporter Gretchen Morgenson takes a Bear Stearns subprime mortgage company analyst to task for issuing a positive report about subprime mortgage lender, New Century Financial Corporation, whose stock subsequently dropped over 75% shortly after... (Submitted by ralpphwiggum) More...
Manhattan Apartment Prices Drop as Lehman Effect Hits Home -
bloomberg.com — Manhattan apartment prices dropped for the first time since 2002 in the second quarter as the collapse of Lehman Brothers Holdings Inc. and Bear Stearns Cos. caught up to property owners in the nationâ��s most expensive urban market. (Submitted by jwatch) More...
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