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Bear Stearns
(redirected from Bear sterns)

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Bear Stearns
A former investment bank and brokerage that provided services in capital markets, clearance and wealth management. It was noted for the issue of asset-backed securities, especially of mortgages. It was established in 1923 and became a subsidiary of JP Morgan Chase as the result of a fire sale in 2008.
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What about a specimen Bear Sterns stock certificate?
Collecting Failed Company Stock Certificates by Jack Straw / Business community
Conjecture among shareholders and industry observers alike has been inevitable, since Mayfair is not registered in the UK, but is believed to be a vehicle for the billionaire Bahamas-based investor Joe Lewis, who remains a significant international investor despite losing around pounds 500m in the collapse of American company Bear Sterns.
v v Mysterious movements by The Racing Post (London, England)
The federal court said the NAACP had standing to bring the lawsuit, and ordered the lenders, which included Bear Sterns Residential Mortgage Corporation, Chase Bank USA and Citimortgage, to turn over information and documents about their lending policies and practices.
US civil rights group sues banks for racist lending by AFP / AFP American Edition
 
 
 
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