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Highlights

A collection of news and information related to Bears Stearns Cos. published by this site and its partners.

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    May 17, 2013 |Story| Reuters
  1. Judge revives Dexia's mortgage lawsuit vs. JPMorgan

    Reuters
    (Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...

    Tags: Washington Mutual Inc., Justice System, Trials, Jamie Dimon, JPMorgan Chase & Co.

  2. Feb 24, 2012 |Story| Reuters
  3. |Story
  4. Dec 23, 2011 |Story| Baltimore Sun
  5. First Mariner's Hale retires

    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession to save it from failure.
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...

    Tags: Real Estate, Loans, Finance, Companies and Corporations, Financial and Business Services

  6. Jun 30, 2011 |Story| Baltimore Sun
  7. Geithner said to consider departure from Treasury

    Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people...

    Tags: Moody's Corporation, Harvard University, Johns Hopkins University, Internal Revenue Service, Finance

  8. Apr 24, 2011 |Story| Baltimore Sun
  9. First Mariner, Hale face future without each other

    Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style.
    Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style. But after years of trying to turn around the company he founded, that's what the First Mariner Bancorp chairman and chief executive agreed to do last week —...

    Tags: Real Estate, Retirement, Finance, Homes, Justice System

  10. Aug 25, 2009 |Blog| Chicago Tribune
  11. Bernanke, 'bold,' offered anew for Fed

    The Swamp
    By Christi Parsons and Mark Silva OAK BLUFFS, Mass. -- President Barack Obama, praising Federal Reserve Chairman Ben Bernanke for resolute handling of the worst economic crisis in decades, said today that he will nominate the appointee of his Republican.....

    Tags: Rahm Emanuel, Upper House, George W. Bush, Car Repair and Maintenance Tips, Private Health Care

  12. Aug 25, 2009 |Blog| Chicago Tribune
  13. Obama nominating Bernanke: New term

    The Swamp
    by Jim Puzzanghera and Christi Parsons Federal Reserve Chairman Ben S. Bernanke, a scholar of the Great Depression who moved boldly last fall to prevent another economic catastrophe, will be nominated by President Obama to a second four-year term as......

    Tags: Rahm Emanuel, Upper House, George W. Bush, Justice System, Politics

  14. Dec 23, 2008 |Story| Los Angeles Times
  15. The missing parts to get Detroit roadworthy again

    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with  $13.4 billion  from the  Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from defaulting on multibillion-dollar payments to suppliers next month, an event that could have triggered a broad collapse. Yet the move hasn't exactly drawn rave reviews. Some economists contend that the administration was simply throwing good money after bad. And  United Auto Workers President Ron Gettelfinger  complained that the administration had imposed "unfair conditions singling out workers."
    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with $13.4 billion from the Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from...

    Tags: Vehicles, Freddie Mac, George W. Bush, U.S. Department of the Treasury, Washington (U.S. state)

  16. Nov 22, 2008 |Story| KTLA-LTV
  17. Obama's Cabinet Begins to Take Shape

    WASHINGTON -- President-elect Barack Obama on Friday selected the head of the Federal Reserve Bank of New York as his nominee for Treasury secretary, choosing a vigorous advocate of government intervention in the troubled economy who nonetheless...

    Tags: U.S. Cabinet, Bill Richardson, Finance, Stock Activities, U.S. Embassy

  18. Oct 31, 2008 |Story| Los Angeles Times
  19. Rx for our financial crisis

    Call it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S. automakers merge their troubled operations. There's also talk of <a href="http://latimesblogs.latimes.com/presidentbush/2008/10/new-stimulus.html">another stimulus package </a> of $150 billion or more.
    Call it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S....

    Tags: Values, Money and Monetary Policy, Freddie Mac, Politics, University of Southern California

  20. Sep 29, 2008 |Story| WPIX-LTV
  21. Stocks Tumble As Bailout Plan Fails In House

    NEW YORK (AP) -- Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously -- hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was...

    Tags: NYSE Euronext, Inc., Finance, Stock Activities, Unrest, Conflicts and War, Consumers

  22. Sep 26, 2008 |Story| WXIN-LTV
  23. U.S. engineers sale of WaMu to JPMorgan

    In the biggest bank failure in U.S. history, Washington Mutual Bank was seized late Thursday by federal regulators and immediately sold to JPMorgan Chase & Co. for $1.9 billion. Customer deposits will be secure, regulators said, but shareholders of the...

    Tags: Finance, Pasadena (Los Angeles, California), California, Freddie Mac, Jamie Dimon

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