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The issue of the moment is Goldman Sachs and what its London-based traders did, if anything, that might be construed as manipulation of Lehman Brothers' and Bear Stearns'... Read more...
Forbes magazine notes that there's a lot of flip-flopping occurring on Wall Street right now. The magazine points out that there are many instances of this. For example, after raising $6 billion in... Read more...
What can you say in Bear Stearns obituary that hasn't already been said before. The three-part Wall Street Journal pretty much said it all as far as lot of people are concerned. There
The implosion of Bear Stearns was nothing if not stunning for its sheer speed. Fortune offers an interesting reconstruction of the final 10 days. It still amazes me... Read more...
There was a great deal of anger before JP Morgan offered to redo its deal for Bear Stearns. The outrage over the $2 a share initial deal was powerful. The anger was... Read more...
One of the challenges of being a top executive is cashing out of large holdings of stock. Most insider sales are done on strict schedules with much vetting by the board. You cannot blame execs for... Read more...
It's true that Jimmy Cayne, Alan Schwartz and the other top dogs had a lot of "skin in the game." They were among the biggest shareholders of Bear Stearns.... Read more...
At what remains of Bear Stearns, CEO Alan Schwartz isn't exactly inspiring warm and fuzzy feelings. The top executives are incensed that he let JP Morgan Chase steal... Read more...