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Cayne
Latest Headlines
Latest Headlines
Did false market rumors lead to Bear Stearns' demise?
Ah, rumors. We've noted their power on Wall Street. Now some are wondering whether those rumors about Bear Stearns  were maliciously spread by people who took a long position on the firm. Now that's some conspiracy theory. But what if it were true? The SEC is looking into it. If you bet on t
Did Bear Stearns executives lie?
Bear Stearns just can't win. The humiliation of the Fed-backed, JP Morgan Chase bailout was rank enough. Now comes word from Financial News Online that the SEC is taking a look at statements by executive committee chairman Ace Greenberg and CEO Alan Schwartz before the deal that said,
