Wednesday, 29 Feb 2012 | Posted By:
| Source: CNBC.com
Faced with the same set of circumstances again, former Bear Stearns CEO Alan Schwartz said he probably wouldn't have done anything different as the firm cascaded toward bankruptcy.
The SEC has reached a settlement with two former Bear Stearns hedge fund managers that will avert a second trial over accusations that they had misled investors as the mortgage market was crumbling. The New York Times reports.
Kappa Beta Phi is an exclusive and secretive Wall Street fraternity who members include two former chiefs of Bear Stearns, the former chief of Lehman Brothers, the current chief of AIG, Wilbur Ross and countless other Wall Street luminaries... Read More