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August 29, 2008 11:43:16 CDT


Stories related to: Warren Spector

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2 Stories

  • August 2007
    • Bear Stearns Axes Prez Over Fund Fiasco

      Bear Stearns Axes Prez Over Fund Fiasco

      (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 and trading expert who oversaw the unit that housed the two failed funds. More »

      Tags

      subprime mortgages   housing market   Bear Stearns   hedge fund   investment   houses   James Cayne   Warren Spector

    • Battered Bear Tries to Act Bullish

      Battered Bear Tries to Act Bullish

      (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 funds. More »

      Tags

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

2 Stories

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