Bear Stearns

Bear Stearns
United States

More About Bear Stearns

  • Founded in 1923

Bear Stearns Involvement in 2008 Mortgage Crisis

  • was deeply involved in the subprime mortgage criss
  • announced it's first loss in 80 years in December 2007 from the crisis
  • bonds were downgraded to junk by Moody's in January 20078