Investment banking in 2008 (A) : rise and fall of the Bear / David Stowell & Evan Meagher.

Format:

Book

Author/Creator:

Stowell, David, author.

Meagher, Evan, author.

Series:

SAGE knowledge. Cases.

SAGE Knowledge. Cases.

SAGE knowledge. Cases

Language:

English

Subjects (All):

Bear, Stearns & Co.

Investment banking--Case studies.

Investment banking.

Financial institutions--Management--Case studies.

Financial institutions.

Crisis management--Case studies.

Crisis management.

Global Financial Crisis, 2008-2009--Case studies.

Global Financial Crisis, 2008-2009.

Financial institutions--Management.

Genre:

Case studies.

Physical Description:

1 online resource : illustrations (black and white, and colour).

Place of Publication:

[London] : SAGE, 2016.

System Details:

text file

Summary:

Gary Parr, deputy chairman of Lazard Freres & Co. and Kellogg class of 1980, could not believe his ears. 'You can't mean that,' he said, reacting to the lowered bid given by Doug Braunstein, JP Morgan head of investment banking, for Parr's client, legendary investment bank Bear Stearns. Less than 18 months after trading at an all-time high of $172.61 a share, Bear now had little choice but to accept Morgan's humiliating $2-per-share, Federal Reserve-sanctioned bailout offer. This case study discusses this topic.

Notes:

Originally Published in: Stowell, D., & Meagher, E. (2009). Investment Banking in 2008 (A): Rise and Fall of the Bear. 5-308-507(A). Evanston, IL: Kellogg School of Management, Northwestern University.

No ILL or scholarly sharing allowed.

Description based on online resource; title from home page (viewed on April 28, 2016).

ISBN:

9781473972094

OCLC:

1017725566

Access Restriction:

Restricted for use by site license.