answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What did Bear Sterns have to do with the Lehman Brothers collapse?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When did Lehman Brothers file for Bankruptcy?

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.


Why wasn't Lehman Brothers bailed out by the US government?

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.


What is Bear Stern?

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.


How much was the Bear Stearns bailout?

A 29-billion-dollar non-recourse loan was made to J.P. Morgan back with MBS. See Wikipedia "Bear Sterns" for details.


What is sternness?

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.


Did the FBI conclude its investigation of Lehman Brothers Fannie Mae Freddie Mac and insurer AIG before the US government went ahead with the 700 billion dollar bailout?

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


What is the polar bear's cousin?

it doesn't have one but it has brothers


Did the Jonas Brothers go to the build a bear workshop in the falls mall?

no


What is the most reputable trading brokerage firm?

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.


What has the author Hans Bauman written?

Hans Bauman has written: 'The Bear and his brothers'


What is the job of the Brothers Grimm?

little bear and big bear Answer: In real life, they were linguists and folklorists. They "collected" stories from people and wrote them down.


What episode of the Naked Brothers Band does nat and rosalina become a couple?

polar bear