Sales Of Bear Stearns

Executive summary This report was prepared to show the grow of the monetary crisis of 2008 and the consequences of this crisis to US banking system, especially for jump out Stearns accompany, one of the biggest financial institutions of unify States of America. The paper consist of caller overview, Market overview before the crisis, causes of crisis, barter of fatigue Stearns and summary. Company Overview raise Stearns was founded as an law merchandise house in May, 1923 by Joseph Bear, Robert Stearns and Harold Mayer with authorized keen of $ d 000. Firm survived the Great Wall Street Crisis and loose its branch branch in 1933 in Chicago. First global component part was opened in 1955 in Amsterdam. Company became publicly traded confederacy in 1985. Main spheres of business of Bear Stearns were corporate finance, institutional equities, risk management, trading and research, private guest services, foreign re-sentencing and futures, derivatives, asset manag ement etc. Company employed more than 15000 people ecumenical. Headquarters of the company was in New York with offices in 12 main cities in US and 13 cities worldwide (London, Hong Kong, Tokyo, Singapore etc.

) In 2005-2007 Bear Stearns was named intimately Admired securities steadfastly in Fortunes Americas Most Admired Companies survey, and second general in the security sign of the zodiac section. As of November 30, 2006, the company had aggregate capital of approximately $66.7 gazillion and total assets of $350.4 billion. According to the April 2005 issue of institutional Investor magazine, Bear Stearns was the seventh-largest securities bulletproof in terms of total cap ital. As of November 30, 2007, Bear Stearns ! had fanciful contract amounts of approximately $13.40 trillion in derivative financial instruments, of which $1.85 trillion were listed futures and option contracts. In addition, Bear Stearns was carrying more than $28 billion in level 3 assets on its books at the end of fiscal 2007 versus a net equity model of only $11.1 billion. ...If you motivation to get a full essay, tell it on our website: OrderEssay.net

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