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Lehman Brothers filed for bankruptcy on September 15, 2008 after it could no longer function during the credit crisis of 2008. Other victims of the financial industry downturn have included Indymac, Bear Sterns, Fannie Mae, and Freddie Mac.
There was no one willing to buy Lehman Brothers as there were for other banks, example JP Morgan bought Bear Stearns, and when Richard Fuld, CEO for Lehman Brothers is making 60 million a year for 8 years straight (480 million to be exact) it makes the government think twice. Long story short, the government didn't have much invested in Lehman Brothers.
Bear arms hold bear paws to bear torsos. The right to BARE ARMS, on the other hand, is the right to have a weapon (also called a firearm).
bear
The past tense of bear is bore.
Lehman Brothers filed for bankruptcy on September 15, 2008 after it could no longer function during the credit crisis of 2008. Other victims of the financial industry downturn have included Indymac, Bear Sterns, Fannie Mae, and Freddie Mac.
There was no one willing to buy Lehman Brothers as there were for other banks, example JP Morgan bought Bear Stearns, and when Richard Fuld, CEO for Lehman Brothers is making 60 million a year for 8 years straight (480 million to be exact) it makes the government think twice. Long story short, the government didn't have much invested in Lehman Brothers.
Bear Sterns Companies Inc. was one of the "Big Five" investment banks / brokerages on Wall Street. It leveraged itself 40 to 1 (ie borrowed $40 for every $1 of its own) to play the derivatives market, and got caught in the financial collapse of 2008. Rather than allow Bear Sterns to declare bankruptcy (and possibly drag the rest of the country into depression), then-Treasury Secretary Henry Paulson arranged a shotgun wedding with JPMorgan Chase. Chase paid $250 million for Bear, its vault full of toxic paper, $30 billion in Federal loan guarantees, and first place in line for TARP boodle the next spring.
A 29-billion-dollar non-recourse loan was made to J.P. Morgan back with MBS. See Wikipedia "Bear Sterns" for details.
Bear Sterns Companies Inc. was one of the "Big Five" investment banks / brokerages on Wall Street. It leveraged itself 40 to 1 (ie borrowed $40 for every $1 of its own) to play the derivatives market, and got caught in the financial collapse of 2008. Rather than allow Bear Sterns to declare bankruptcy (and possibly drag the rest of the country into depression), then-Treasury Secretary Henry Paulson arranged a shotgun wedding with JPMorgan Chase. Chase paid $250 million for Bear, its vault full of toxic paper, $30 billion in Federal loan guarantees, and first place in line for TARP boodle the next spring.
The FBI has just started an investigation into the collapse of Bear Stearns, Fannie, Freddie, Lehman and AIG. This investigation will likely takes months if not years and will not affect the federal bailout. The investigations were really about the balance sheets of all the names above to find out how much they really needed and most of the people who looked into the balance sheet were Goldman and other wall street firm bankers. Without These bankers who looked at the balance sheets they wouldn't have known how much the economy needed. So although the FBI started an investigation the people who really did it were the bankers
it doesn't have one but it has brothers
no
There is more than one brokerage firm claiming to be the most reputable. The top firms according to Forbes are Meryl Lynch, Goldman Sachs, Morgan Stanley, Paine Webber, and Bear Sterns.
Hans Bauman has written: 'The Bear and his brothers'
little bear and big bear Answer: In real life, they were linguists and folklorists. They "collected" stories from people and wrote them down.
polar bear