Skip to: Content
Skip to: Site Navigation
Skip to: Search
THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Bear Stearns

Bear Stearns stories: 113 news summaries

101 - 113 of 113 Stories | << Prev 1 2 3 4 5 6

Switch to grid view »

Mortgage Crisis Hits Affluent Buyers, Too

Even borrowers with excellent credit
are now facing higher rates

Aug 7, 07 5:48 AM CDT
(Newser) - Mortgage tremors have rippled so far across the home loan market that even buyers of high-priced homes with good credit records are now being squeezed, the Wall Street Journal reports. Rates have surged on loans above $417,000 for prime borrowers—to 7.34% for a 30-year fixed-rate mortgage, up... More »

MORE ABOUT:
real estate • subprime mortgages • Bear Stearns • mortgage • loans • hedge fund • houses • home loans • Fannie Mae • borrowers

Bear Stearns Axes Prez Over Fund Fiasco

Subprime woes reach executive suite after hedge funds implode

Aug 6, 07 5:09 AM CDT
(Newser) - Bear Stearns has fired its No. 2 and once-likely successor as CEO in the wake of  the collapse of two company hedge funds worth more than $1B, reports the Wall Street Journal. Warren Spector, the most high-profile casualty to date in the subprime-mortage crisis rocking Wall Street, is a mortgage... More »

MORE ABOUT:
housing market • subprime mortgages • Bear Stearns • hedge fund • houses • investment • Warren Spector • James Cayne

Battered Bear Tries to Act Bullish

Wall Street's anxieties force Bear Stearns to make major changes

Aug 4, 07 2:06 PM CDT
(Newser) - The securities firm Bear Stearns will oust its stocks and bonds trading chief, the WSJ reports, and soften its emphasis on short-term trades. The extraordinary moves come in the wake of Friday's market sell-off, partly triggered by investor concern about Bear Stearns after the collapse of two of its mortgage-bond... More »

MORE ABOUT:
Wall Street • housing market • subprime mortgages • Bear Stearns • loans • hedge fund • Lehman Brothers • bonds • corporate credit • Warren Spector

Stocks Plunge as Credit Outlook Worsens

Bear Stearns downgrade stirs more trouble as Dow loses 2%

Aug 3, 07 3:44 PM CDT
(Newser) - After two straight days of gains and a steady morning the Dow plummeted in a selloff late this afternoon, losing 2% of its value to close at 13179.71, down 283.62. Bear Stearns lost big after Standard and Poors downgraded the subprime-laden i-bank from "stable" to "negative,... More »

MORE ABOUT:
stock market • New York Stock Exchange • Dow Jones • stocks • Bear Stearns • Nasdaq • crude oil • S&P 500

(Newser) - Wall Street is dizzy after mixed signals threw traders into buy mode despite an abundance of bearish indicators today, making for one of the most volatile days in weeks. The Dow finished up 150.38 points at 13362.37, even after Asian markets plummeted across the board last night, a... More »

MORE ABOUT:
Wall Street • Asia • subprime mortgages • Bausch and Lomb • Bear Stearns • hedge fund • trading • markets • Nikkei • Hang Seng • Beazer

Subprime Woes Rock  Another Bear Stearns Fund

Withdrawals blocked, rumors swirl as market slips further

Aug 1, 07 5:40 AM CDT
(Newser) - Bear Stearns has blocked withdrawals from a mortgage investment fund amid Wall Street jitters over the crisis in high-risk subprime mortgages, the Wall Street Journal reports. Two Bear Stearns hedge funds heavily invested in subprime mortgages collapsed in June, and now another fund, which has only a tiny fraction of... More »

MORE ABOUT:
subprime mortgages • Bear Stearns • mortgage • hedge fund • investment • American Home Mortgage

Bear Stearns Funds Nearly Wiped Out

Wall Street avoids subprime blues,
but outlook bearish

Jul 18, 07 11:08 AM CDT
(Newser) - Bear Stearns told clients yesterday that two of its hedge funds backed heavily by subprime mortgages were close to valueless. The investment bank is putting up $1.6 billion in rescue financing, as Wall Street looks to dump other bonds that have been hit by the subprime downturn as quickly... More »

MORE ABOUT:
Wall Street • subprime mortgages • Bear Stearns

Funds Find One Bet They Can't Hedge: Trust

It's 1998 all over again as Bear Stearns buckle triggers panic

Jul 4, 07 9:35 AM CDT
(Newser) - The recent collapse of two Bear Stearns hedge funds, and the resulting informal SEC investigation, have once again placed the complex system and its impact on markets under the spotlight. The Washington Post delves into the history and ethos of the powerful funds, comparing them to the Wizard of Oz... More »

MORE ABOUT:
Wall Street • Bear Stearns • finance • SEC • hedge fund • markets

SEC Opens Subprime Probe

Cox announces investigations into
CDOs in wake of
Bear Sterns tremors

Jun 27, 07 2:17 PM CDT
(Newser) - The feds are investigating the controversial bundles of financial services that have recently shaken the market and sparked a spate of leveraged buyouts, the Journal reports. SEC chief Christopher Cox told a congressional panel yesterday that "about 12 investigations" were under way into CDOs, shared debt packages reliant on... More »

MORE ABOUT:
investigation • subprime mortgages • leveraged buyouts • Bear Stearns • finance • SEC • hedge fund • market • Christopher Cox • CDO

Hedge Fund Crisis Could Be 'Tip of Iceberg'

Suprime selloff, Bear Sterns collapse will test markets' elasticity

Jun 21, 07 5:54 AM CDT
(Newser) - The near-collapse of a $20 billion pair of hedge funds has left Wall Street jittery, though not yet in panic mode, the Journal reports. Speculation about the fate of the Bear Stearns funds rippled through yesterday's markets, where stocks and bonds dipped widely; news that banks were struggling to unload... More »

MORE ABOUT:
stock market • investors • subprime mortgages • Bear Stearns • hedge fund

Morgan Stanley 2nd Quarter Wallops Rivals

Profits spike 40% as subprime slump smacks rest of sector

Jun 20, 07 10:23 AM CDT
(Newser) - Morgan Stanley released far better-than-expected earnings figures today, with net income up over 40% in the last quarter. Riding strong fixed-income sales and trading figures, profits rose to $2.58 billion, up from $1.84 billion last year. That's a far cry from rivals Goldman Sachs and Bear Stearns, whose... More »

MORE ABOUT:
Goldman Sachs • subprime mortgages • business • Morgan Stanley • Bear Stearns • John Mack • second quarter earnings

Outlook Bearish for Bear Sterns Hedge Funds

Managers scramble after creditors
nix bailout plan

Jun 20, 07 7:02 AM CDT
(Newser) - Two major Bear Stearns hedge funds that once controlled more than $20 billion in assets are on the brink of collapse after disastrous losses in securities backed by subprimes. The Journal reports a bailout plan that would have kept the funds afloat fractured last night, and the consequences could ripple... More »

MORE ABOUT:
Bank of America • Goldman Sachs • subprime mortgages • business • Bear Stearns • Merrill Lynch • hedge fund • financial crisis

Mortgage Trouble Rattles Wall Street

Bear Stearns, Goldman earnings reflect subprime bloodbath

Jun 14, 07 10:54 AM CDT
(Newser) - Bear Stearns posted a 10% drop in quarterly earnings today, the latest victim of the subprime collapse. The country's second-largest mortgage-bond underwriter posted profits well below expectations, down nearly 33% from last year to $362 million. Goldman Sachs escaped bruised but more-or-less unscathed, with profits up 1% on the strength... More »

MORE ABOUT:
Goldman Sachs • subprime mortgages • business • Bear Stearns • earnings reports • finance • equity trading • US economy • investment banks

101 - 113 of 113 Stories | << Prev 1 2 3 4 5 6


from our news partners