|
gptkbp:instance_of
|
gptkb:financial_services
gptkb:investment_banking
|
|
gptkbp:acquired_by
|
gptkb:JPMorgan_Chase
|
|
gptkbp:acquisition
|
$236 million
fire sale
|
|
gptkbp:acquisition_year
|
March 16, 2008
|
|
gptkbp:competitors
|
gptkb:Goldman_Sachs
gptkb:Lehman_Brothers
gptkb:Merrill_Lynch
gptkb:Morgan_Stanley
gptkb:Deutsche_Bank
|
|
gptkbp:defunct
|
gptkb:2008
|
|
gptkbp:dissolved
|
gptkb:2008
|
|
gptkbp:economic_impact
|
loss of confidence in financial institutions
|
|
gptkbp:employees
|
14,000 (2007)
|
|
gptkbp:financial_products
|
fixed income
commodities
equities
mortgage-backed securities
derivatives
|
|
gptkbp:founded
|
1923
|
|
gptkbp:founder
|
gptkb:Joseph_A._Bear
gptkb:Robert_S._Stearns
|
|
gptkbp:headquarters
|
gptkb:New_York
gptkb:New_York_City
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Bear Stearns Companies Inc.
|
|
gptkbp:industry
|
gptkb:financial_services
gptkb:investment_banking
|
|
gptkbp:key_people
|
gptkb:Warren_Spector
gptkb:Alan_Schwartz
gptkb:James_E._Cayne
gptkb:Peter_J._Solomon
gptkb:Jeffrey_B._Lane
|
|
gptkbp:legacy
|
significant role in the 2008 financial crisis
|
|
gptkbp:notable_clients
|
corporate clients
high-net-worth individuals
institutional investors
government entities
hedge funds
|
|
gptkbp:notable_event
|
gptkb:2008_financial_crisis
2008 bailout
2007 liquidity crisis
2008 acquisition by JPMorgan Chase
|
|
gptkbp:parent_company
|
gptkb:JPMorgan_Chase
|
|
gptkbp:reputation
|
aggressive growth strategy
controversial management decisions
decline in investor trust
high-risk trading practices
involvement in subprime mortgage market
|
|
gptkbp:revenue
|
$3.5 billion (2007)
|
|
gptkbp:services
|
gptkb:Wealth_Management
gptkb:investment_banking
asset management
capital markets
securities trading
|
|
gptkbp:stock_symbol
|
BSC
|
|
gptkbp:subsidiaries
|
gptkb:Bear_Stearns_Securities_Corp.
gptkb:Bear_Stearns_Asset_Management
|
|
gptkbp:subsidiary
|
gptkb:Bear_Stearns_Securities_Corp.
gptkb:Bear_Stearns_Asset_Management
|
|
gptkbp:website
|
www.bearstearns.com
|
|
gptkbp:bfsParent
|
gptkb:JP_Morgan_Chase
|
|
gptkbp:bfsLayer
|
4
|