Tag: bear stearns

Stock options seem to be the big “benefit” when companies hire people. They entice prospective employees with options to buy their stocks at reduced rates, or matching what they buy. But what happens if the company gets sold for a ridiculously discounted rate? More so than other firms on Wall Street, Bear had encouraged its […]

The collapse got a temporary reprieve: Bear Stearns Cos., teetering on the brink of collapse from a lack of cash, got emergency funding from the Federal Reserve and JPMorgan Chase & Co. in the largest government bailout of a U.S. securities firm. After denying earlier this week that access to capital was at risk, Bear […]