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Bear Stearns Sale

Full Name
Bear Stearns Sale
Event Type
Bankruptcy
Location
New York City
Parent Event
2008 Financial Crisis

Bear Stearns was sold to JPMorgan at firesale prices during the 2008 meltdown.

Entities

Bear Stearns

Mentioned by the Following

Entities

Maiden Lane LLC

  • Would have declared bankruptcy if it was not absorbed
  • Underwater assets were transferred to Maiden Lane LLCs (funded by the Fed)

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