Bear Stearns - Until 2008, one of the largest investment banks and players in the financial markets of the world. The bank was based in New York. Bear Stearns shares entered the S & P 500 Stock Index.
Timeline
March 16, 2008
The bank announced that he was accepting an offer to buy from JPMorgan Chase for $ 236.2 million, or $ 2 per share
March 14, 2008
The company announced that it needs urgent financing for the fulfillment of obligations to payments due to the country's continued loan crisis
August 2007
The bank was at the center of the mortgage lending crisis
1955
The first international office in Amsterdam was opened
1933
Opened the first subsidiary office in Chicago
1929
The company easily survived the collapse
1923
Bear Stearns was founded by Joseph Einley Bear, Robert Sterns and Harold Meyer as a joint -stock trading house with an authorized fund of 500 thousand dollars.
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