Financial Times FT.com

Timeline: Bear Stearns’ year of turmoil

Compiled by Jeff Pruzan in New York

Published: March 14 2008 16:24 | Last updated: March 17 2008 13:43

A look back at the key issues for the bank from early signs of problems in the mortgage market last June to the announcement of emergency funding from the New York Fed and JPMorgan

June 22 2007 Bear Stearns agrees a plan for a $3.2bn secured loan to one of its hedge funds under pressure from bad bets on the US subprime mortgage market. The move proves an early sign of problems in the mortgage market, which begin roiling Wall Street in the subsequent months

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