BEAR STEARNS

Earlier, former Bear Stearns Chairman Ace Greenberg appeared on CNBC and discussed a variety of economic topics. On Obama, Greenberg stated that he has been handed more problems than any other president in recent years. Greenberg was amazed that the country has managed to bounce back from many...

An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud. The Wall Street Journal and Peter Wallison (in the WSJ) have claimed that the suit vindicates their...

Normally when stocks are getting crushed, as they are today, gold is a safe haven. Right now, however, gold is plunging, down another $50 an ounce today, hovering just above $1,800 an ounce. This begs the question - why? There are two schools of thought on this. One is that investors are...

Senior Editor at CNBC.com, John Carney, is out with a very compelling article this morning entitled, “Why Wall Street Abandoned Partnerships.” Within the piece, the author reminds us that regulation of Wall Street (And the unintended consequences of doing such) is not a new phenomenon. According...

Bloomberg Television’s Margaret Brennan had an insightful interview with former Bear Stearns CEO and Chairman Alan "Ace" Greenberg. The two spoke about a wide range of topics but most of the interview dealt with the collapse of Bear Stearns and its aftermath when the firm was acquired by JP Morgan...

Money For Nothing – Reviewed I’ve often suspected that many public companies and corporate boards were not looking out for their shareholders. Once, I was amused to discover that a Fidelity Fund I owned nominated a psychiatrist to the board. What the hell did he know about business, I wondered?...