A Bear market
JPMorgan’s move to help sacked staff has merit, but Wall Street and the City may find that the normal levels of business brutality still work best
Bear Stearns
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The collapse of one of Wall Street’s most powerful banks has deepened concerns about the stability of the financial system
Former Bear hedge fund duo charged
Two former Bear Stearns hedge fund managers were indicted on federal charges that they intentionally misled investors about the financial condition of the investment vehicles that collapsed last year
Fed values Bear Stearns assets at $29bn
Anticipated decline fails to materialise
Former Bear Stearns managers face fraud charges
Two ex-hedge fund executives probed
Barclays picks up healthcare team
Exodus of Bear talent continues
Bear bankers to join Tudor
Hanley and Mintz go to new distressed-debt unit
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Comment and analysis
The price of a loan from the Fed
The rescue of Bear Stearns helped avert a disaster for financial markets already suffering a crisis of confidence. But now that the crisis has passed some of the banks fear that the price of continued access to support from the Fed may come in the form of severe restrictions
Shrunken Street: Financial groups eye potential predators and prey
Pure investment banks have been hit hardest by the credit crunch and will be further diminished by the US regulatory response. But broader-based institutions may suffer most
Regulation needs more than tuning
Unless you argue that banks should face no capital adequacy regulation, the spread of securitisation demands new liquidity standards and higher capital ratios. Whether you call that ‘stricter regulation’ or ‘keeping regulation up to date’ is semantic, writes Clive Crook
More Bear Stearns stories
JPMorgan faces $9bn charge for Bear clean-up
Cost is half as much again as estimate
JPMorgan seeks fresh acquisitions
Wall St bank reports 50% fall in profits
Bear told of possible action over bond probe
Quarterly income falls 79% to $115m
House panel questions Bear rescue plan
Hiring of BlackRock scrutinised
Bear Stearns rescue a ‘turning point’
Israel’s Fischer sees start of containment
JPMorgan to merge Bear division
Investment banking tie-up
SEC hunts illegal trades in Bear case
Rumours about bank ‘too big to miss’
Lehman in market abuse claim
Bank alleges short-selling of its stock
Cayne sells stake in Bear for $61m
Sale occurred one day after offer was raised
JPMorgan poised for prime broking move
Survey gives high ranking to Bear Stearns business
JPMorgan Chase lures Bear brokers
$500,000 bonuses offered to prevent exodus
The Fed and the ‘moral hazard’
Backing of higher bid for Bear at issue
JPMorgan lifts Bear offer fivefold
Legal snags hit original offer
Dimon’s deal sees surprising shift in plans
Surprising climbdown one week after $2 offer
Maverick bank beaten by its biggest bet
Bear had no friends when it needed them
JPMorgan moves to woo top Bear staff
Rivals hold out large bonus offers
Spotlight turns on channels of liquidity
Planned group to assess risk management measures
City still feeling shockwaves of Bear sale
Funding model of smaller lenders vulnerable
Investors bet on rival Bear bids
Share price nearly three times JPMorgan offer
Citic Securities drops $1bn Bear investment
‘Basis and preconditions’ no longer exist
