Bear Stearns

Gun Control The Second Amendment to the United States Constitution protects the right of the people to keep and bear arms. Guns are used for recreational activities such as hunting, competition shooting, and target shooting, but are also used for self and home defense, and firearms are used heavily by the government. While dangerous, firearms should not be controlled or banned in the US. Many people say that guns kill people, but the people pulling the trigger are the real issue. Taking guns…

assets From 2003 to 2007, we can see that Bear Stearns’s long-term assets increased $170,836 (124.96%), while its current assets increased only 16.38%. This is a red flags because long-term assets are usually funded by long-term debts or stockholders’ equity. If a company put too many assets in its long-term categories, its financial flexibility will be impaired. 2) The significant increase in current and long-term liabilities From 2003 to 2007, Bear Stearns’ current liabilities increased…

THE PROBLEM Bear Stearns sponsored two hedge funds through its subsidiary, Bear Stearns Asset Management. The main fund, the High-Grade Structured Credit Strategies Fund, was made up of complex derivatives backed by home mortgages. During most of its life it was highly profitable but as the housing market began to stutter in late 2006 the returns suffered. This fund was leveraged at 35 times its invested funds. As the market worsened the returns of the two funds sank. In urging investors to stay…

were almost completely empty and it was still dramatically dropping. As the day went on people began to see the realism of the situation and that they weren't going to be able to open the banks the following day, the employees noticed a tie with Bear Stearns and knew that the Federal Reserve Bank in New York would be their last shot at stopping the economy from going into oblivion.…

Suddenly, in dramatic fashion, Bear Stearns went from a Wall Street powerhouse to near valueless. In fact, a scholarly document on Bear Stearns states, “Federal Reserve Chairman Ben Bernanke, desperate to avoid a sudden collapse that might cause a full-fledged market panic, invoked a little-known 1930s legal provision to engineer a Sunday fire sale of Bear Stearns to banking giant JPMorgan Chase for a mere two dollars a share” (Fox). Quickly, in…

The financial crisis is an event in time that we will all remember. Professor Corcoran hosted an event that would focus of discussions to figure what happened and what we could do to fix the financial crisis. This allowed for opinions to flow and be made. There were many reasons that the financial crisis happened. If I could put the problems in a rating system based on Professor Corcoran’s thoughts I would say that banks becoming greedy was the main reason for the crisis. The banks rolled the…

The stock market crash started on September 29, 2008. The stock market crash of 2008 lost $10.2 trillions of dollars. This crash had a huge impact on America even today. The cause of the stock market crash of 2008 is that Congress rejected to send the bank bailout bill . One of the impact that the stock market crash affected is that we are making less money. Emily Sanders, managing director at United Capital Financial Advisers says that “Real income is down”. The first reason for the…

hit a record $86.18 per share. At the same time, defaults on subprime mortgages had reached a seven-year high signaling the beginning of the fall of the U.S. housing market. Then in August 2007, Lehman stock fell sharply with the failure of two Bear Stearns hedge funds (Onaran, 2007). Lehman began to eliminate mortgage related jobs, shutdown mortgage units, and closed some Alt-A lender offices. During the fourth quarter of 2007, the firm’s stock rebounded but leadership did not decide to trim…

global population. The problem dates way back throughout history to the ancient civilizations and even before that. Women were given less rights and had a lower social standing in society. In the book Gender in World History, the author, Peter N. Stearns writes about the inequalities between the two sexes as well as their individual roles and positions in different societies. Some examples in his book are “In patriarchal societies, men were held to be superior. They had legal rights lacking to…

President George W. Bush’s speech was edited as part of the opening to reveal the fact he failed in believing the American Dream. The news reports in the film then brought up questions and purchase movement among the banks. According to NBC News, “…Bear Stearns is being sold in just two dollars of share to JP Morgan…” (Associated Press, 2008). This illustrated how leaden and realistic this movie will be. Additionally, the editing represented the failure of Wall Street and the president’s belief.…