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Setback in Bear Stearns case may force gov't shift

Nov. 11, 2009
The swift acquittal of two Bear Stearns executives in the government's criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts...
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J.P. Morgan ups offer for Bear Stearns

J.P. Morgan ups offer for Bear Stearns

NEW YORK, March 24 (UPI) -- J.P. Morgan and Chase Co. upped its offer for Bear Stearns to $10 a share on rumors shareholders would vote down the $2 a share fire sale price.

Senator to look into Bear Stearns deal

WASHINGTON, March 21 (UPI) -- The top ranking Republican on the Senate Finance Committee, Charles Grassley of Iowa, has asked members of his staff to investigate the Bear Stearns buyout.

Bear Stearns sold with Fed's help

NEW YORK, March 17 (UPI) -- J.P. Morgan's $2 a share purchase of troubled Bear Stearns over the weekend came with the aid of $30 billion in financing from the U.S. Federal Reserve.

J.P. Morgan buying Bear Stearns

NEW YORK, March 16 (UPI) -- J.P. Morgan Chase & Co. reached agreement to buy Bear Stearns Cos. for $2 a share, The Wall Street Journal reported Sunday.

Bear Stearns bank near collapse?

NEW YORK, March 14 (UPI) -- Bear Stearns could not meet obligations Friday until a dramatic move kept the Wall Street investment bank afloat.
Cayne to step down as Bear Stearns CEO

Cayne to step down as Bear Stearns CEO

NEW YORK, Jan. 8 (UPI) -- James Cayne, Bear Stearns' chairman and chief executive under fire after the firm was scorched by the sour mortgage market, reportedly will step down as CEO.

Bear Stearn, Citic sign deal

BEIJING, Oct. 22 (UPI) -- U.S. securities firm Bear Stearns reached a pact Monday with Chinese investment bank Citic Securities that gives each financial entity a stake in the other.

Bear Stearns funds file for bankruptcy

NEW YORK, Aug. 1 (UPI) -- Two Bear Stearns Cos. hedge funds involved in mortgage investments have filed for bankruptcy, court documents the U.S. investment bank filed said Wednesday.

Bear Stearns gets into subprime lending

IRVINE, Calif., Oct. 10 (UPI) -- A Bear Stearns & Co. unit is acquiring the wholesale sub-prime mortgage origination business of California's ECC Capital Corp. That's a business that creates mortgages for people with less than stellar credit, said ECC, which is a real estate investment t

Bear Stearns paying $250 million fine

NEW YORK, Dec. 15 (UPI) -- New York brokerage firm Bear Stearns is paying $250 million to settle a mutual fund investigation.
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Youngsters compete in Scripps National Spelling Bee
View Caption
Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler