Bear Stearns News

J.P. Morgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning. via Crain's New York Business

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Lehman Brothers Holdings Inc. boosted its pool of cash and liquid assets to $36 billion after speculation of a cash shortage drove rival Bear Stearns Cos. via Bloomberg

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“This is one reason why we expect a renewed slowdown in economic activity after the stimulus-fuelled bounce this year”

NEW YORK: Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary ... via Gulf Daily News

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“Just drop off the key, Lee, and get yourself free.”

One of the advantages of working for a mutual fund company that employs a number of outside investment managers to sub-advise its funds is that you get to listen to some very smart people. via KCPQ

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“We are past the point of a complete meltdown but certainly the crisis of lending in this country is just at the beginning.”

By SHERYL JEAN / The Dallas Morning News sjean@dallasnews.com The U.S. economy has provided some signs of an easing credit crunch since the Federal Reserve's rescue of Bear Stearns in mid-March, but capital ... via Quick

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NEW YORK Bear Stearns Cos. shareholders are scheduled to vote May 29 on the proposed acquisition of the troubled investment bank by JPMorgan Chase & Co., according to a regulatory filing. via IndyStar.com

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Bear Stearns Cos Inc disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank's impending takeover by JPMorgan Chase & Co . via Earth Times

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“Making that information public can certainly help.”

The Securities and Exchange Commission will require investment banks to disclose their capital and liquidity levels after the agency was criticized for regulatory failings in the wake of the Bear Stearns Cos. via The Boston Globe

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Greg Morcroft NEW YORK -- J.P. Morgan Chase's co-head of its investment-banking unit said Wednesday he believes the integration of his firm and Bear Stearns is going well ahead of their planned tie-up. He said ... via Fox News

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“We think that monetary recovery is all that is really available to the Bear stockholders at the end of the day.”

Bear Stearns Cos Inc shareholders suing over the planned JPMorgan Chase & Co. takeover are dropping efforts to block the deal but will seek damages of at least $2.8 billion, an attorney for the plaintiffs said ... via Earth Times

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