a blog from the newsroom

Tag Archives: Add new tag

Who or what killed the Bear?

Back in March this year when Bear Stearns went bust, economists and finance journalists, not to mention investors, were justifiably shocked. This was an 85-year-old company, a leading global investment bank and major character in the shifting drama of Wall Street, and it had just been routed. JPMorgan snapped up the remnants for around $10 [...]