JPMorgan Chase

Latest Posts

Bear Stearns Drops on Cash Crunch Rumors 

Mar 10, 2008By

In rumors that Bear Stearns’ chairman of the executive committee, Alan Greenberg, called “totally ridiculous,” the Wall Street firm saw its stock drop as much as 14 percent Monday as buzz centering on potential insolvency drove heavy selling of shares in the second largest RMBS underwriter. Reuters quotes Greenburg:

What's New?
Updated 2 months ago
manage feed