investment bank

The Amazing Tale of Bear Stearns and Its Fall From Highs

The Amazing Tale of Bear Stearns and Its Fall From Highs
The fifth biggest US investment bank, Bear Stearns has witnessed a full circle before its fall and selloff to JP Morgan Chase for paltry $2 per share. The total deal value is just $236 million (less than even Rs.1000 crore), much much less than the recent BPTP land deal in Noida.