Hints and tips:
....* “Independents have always been the smarter option,” said Kenneth M Jacobs, chief executive of Lazard, referring to boutique investment banks....
...Ms Reinhart was born in Cuba before moving to the US with her family and launching a career that spanned stints at Bear Stearns and the IMF as well in academia....
...Mr Epstein was soon hired by Ace Greenberg, the chairman of Bear Stearns, where he went to work in 1976....
...One student was the daughter of Alan “Ace” Greenberg, the Bear Stearns chairman, who offered the brilliant young teacher a job. After five years, Mr Epstein left the firm....
...The judge, Kenneth Marra, said in his ruling that Mr Epstein had “sexually abused more than 30 minor girls” between 1997 and 2007....
...Kenneth S Hackel Alpine, NJ, US...
...A partner at his firm, Larry Iason, had been retained already by Mark Kurland, the Bear Stearns executive turned hedge manager who was taken into custody that day....
...The companies that failed during the financial crisis – AIG, Bear Stearns, Lehman Brothers among them – failed largely due to their leaders’ hubristic sense of their own impregnability. ● Bad outcomes often...
...The definitive account of that era’s mania and crash did not appear until 1954, with John Kenneth Galbraith’s The Great Crash, 1929....
...In a matter of months, some of the industry’s most respected names, including Lehman Brothers and Bear Stearns, had collapsed in spectacular fashion....
...Kenneth Balin, AMC chairman and chief executive, said he believed Bear provided the loan with plans to include it in a debt pool known as a securitization....
...But none can claim the popularity of Sir Kenneth MacMillan’s 1965 creation for the Royal Ballet, immortalised on film by Margot Fonteyn and Rudolf Nureyev....
...Bear Stearns, Lehman Brothers and Merrill Lynch collapsed because they took massive positions in the opposite direction....
...The March 2008 collapse of the fifth-largest investment bank, Bear Stearns, should have been an indication that urgent action was needed....
...Indeed, the panel thought the former Lehman-ite was a worse chief executive than third-ranked Ken Lay (Enron), Bear Stearns’ Jimmy Cayne, Worldcom’s Bernie Ebbers (number four) and Citi’s Vikram Pandit,...
...Among those that take a long historical view is This Time Is Different, Carmen Reinhart and Kenneth Rogoff’s analysis of crises past....
...Ironically, Wall Street’s two defunct investment banks, Lehman Brothers and Bear Stearns, were both big believers in deferred bonuses....
...(“Goldman Sachs was supportive of Bear Stearns,” says a Goldman Sachs spokeswoman. “There is no foundation to rumors that we behaved otherwise.”) Rumour-mongering short-sellers?...
...added at most $200bn-$300bn to net debt, taking into account the likely losses on nationalising the mortgage giants Freddie Mac and Fannie Mae, the costs of the $29bn March bail-out of investment bank Bear Stearns...
...The Federal Reserve (Bear Stearns) and the Bank of England (Northern Rock and the Special Liquidity Scheme) have de facto done this....
...Kenneth Emery, director of corporate research at Moody’s, said: “Default rates will definitely rise in the coming months....
...The top five is rounded out by Philip Falcone of Harbinger Capital, who made $1.7bn, and Kenneth Griffin of Citadel Investment Group, who made $1.5bn....
...Harvard’s Kenneth Rogoff recently quoted Robert Frost’s words in describing the dangers of financial ruin (fire) and inflation (ice) confronting us.** These are perilous times....
...Shares in Bear Stearns, Fannie Mae, Freddie Mac and other leading housing financiers plunged on Monday amid widening concerns about the health of the US mortgage market....
...Fiske was ultimately replaced by Kenneth Starr, who set the machinery of impeachment into motion against Clinton. Surely this inquiry will be less sordid and tangled....
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