NYT > Bear Stearns Cos Inc. |
As Veteran Leaves UBS, a Bear Stearns Alumnus Arrives
UBS announced on Friday that it had hired Samuel Molinaro Jr., the former chief financial officer of Bear Stearns and that a joint global head of its investment banking unit, Jimmy Neissa, planned to leave.
Lire l'article |
DEALBOOK; Former Bear Executives to Settle S.E.C. Fraud Case
Ralph Cioffi and Matthew Tannin, former Bear Stearns hedge fund managers, agree to pay about $1 million to settle a civil lawsuit brought by the Securities and Exchange Commission, avoiding a second trial over whether they defrauded investors; men were indicted almost four years ago on charges they lied to clients about the health of their hedge funds, which were largely invested in subprime mortgage-backed securities; neither will admit any wrongdoing as part of the deal. Photos
Lire l'article |
Bear Stearns Ex-Managers to Pay $1 Million to Settle Fraud Case
The federal judge overseeing the securities fraud case said that it was "being settled for, relatively speaking, chump change," but that he was inclined to sign off on the settlement.
Lire l'article |
DEALBOOK; Settlement By S.E.C. In Subprime Fraud Case
Securities and Exchange Commission reaches a settlement with Ralph R Cioffi and Matthew M Tannin, two former Bear Stearns hedge fund managers; deal will avert a second trial over accusations that the two had misled investors as the mortgage market was collapsing; former executives were accused of lying about the health of their hedge funds, which were laden with complex securities backed by subprime mortgages. Photos
Lire l'article |
S.E.C. Reaches Settlement in Bear Stearns Fraud Case
The deal with two former Bear Stearns hedge fund managers averts a second trial over charges that they had misled investors.
Lire l'article |
Mortgage Task Force Has Fancy Name, but Will It Get Tough?
President Obama?s new task force has much to tackle in the mortgage mess ? and soon, if it wants to allay suspicions that the authorities have given powerful institutions a pass.
Lire l'article |
Societe Generale's Investment Banking Chief Steps Down
Michel Peretie, the head of Societe Generale's corporate and investment banking division, is leaving the French bank to pursue other opportunities.
Lire l'article |
Emerging Markets Offer Banks Profits, but Headaches Too
Banks like Citigroup, Goldman Sachs and Morgan Stanley are chasing the potential payoff abroad. But there's a quiet truth to success in those risky markets: the path to profits is often filled with mistakes and setbacks.
Lire l'article |
Suit Says Bear Stearns Double-Dipped With Mortgage Bonds
A suit by a mortgage insurer says that Bear Stearns pocketed money from bad loans instead of putting it toward mortgage bonds.
Lire l'article |
New Questions Raised in Mortgage Financing
A suit by a mortgage insurer says that Bear Stearns pocketed money from bad loans instead of putting it toward mortgage bonds.
Lire l'article |
Finance A-Listers Come Out for UJA-Federation Dinner
John Paulson, Nelson Peltz and Daniel S. Och were among the 1,100 members of New York's Jewish community at the group's annual Wall Street gathering on Wednesday.
Lire l'article |
Citigroup Helps Scions Manage Their Allowances
Citigroup is helping the kids of its wealthiest clients to manage their allowances. The bank, Bloomberg News reported, is testing a Web site to let millionaires' children manage their money, while alerting parents and bankers when scions blow through cash too quickly.
Lire l'article |
Risk Mismanagement
Stories and analysis of the banking crisis from a former chief of Bear Stearns and a financial journalist.
Lire l'article |
The Bear Market
The longtime Wall Street executive talks about the final days of his old company, Bear Stearns.
Lire l'article |
Two Who Presided Over Bear Stearns Are Questioned on Its Demise
Former Bear Stearns chairman and chief executive James E Cayne and his successor as chief Alan Schwartz are questioned by Financial Crisis Inquiry Commission over whether bank's leverage level and lack of foresight on looming collapse of US mortgage market caused its demise; Cayne concedes bank took on too much risk; photo
Lire l'article |
