Billionaire Joseph Lewis Takes on More Stake in Bear Stearns
Today Joseph Lewis disclosed in a regulatory filing that he has just increased his stake in Bear Stearns to 9.57 percent.
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Archive for the 'Bear Stearns' Category (Chronologically Listed)
Bear Stearns re-hires mortgage trader
Bear Stearns announced today that they would rehire Russell Middleton as a trader for its mortgage-backed securities desk.
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Posted by Ryan Fiore on Dec 19 2007 under Bear Stearns, Mortgage Lending
Bear Stearns Says the Worst Will Be Over End of Fourth Quarter
Sam Molinaro, Bear Stearns chief financial officer, expects to write down 1.2 billion dollars in assets linked to mortgages in the fourth quarter of this year, but expects the worst of the bank’s writedowns are over.
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Posted by Ryan Fiore on Nov 14 2007 under Bear Stearns, Housing Market, Massachusetts, Mortgage Lending