The arrests of 2 Bear Stearns executives, Ralph Cioffi and Matthew Tannin, showed the level of exposure that the large finance companies have to the mortgage crisis. When Bear Stearns finally admitted to the problems in their mortgage funds the company imploded.
These titans of Wall Street made some amazingly bad bets. The shareholders of [...]
Related Headlines
- Bank of America Bets on Countrywideposted 67 weeks ago on Blown Mortgage
- Bear Stearns Gets Emergency Liquidity Injection - Stock Down 50%posted 38 weeks ago on Blown Mortgage
- Off for a few daysposted 24 weeks ago on Blown Mortgage
- Countrywide shareholders to vote on BofA dealposted 27 weeks ago on Blown Mortgage
- Learn how to read your loan docs?finally.posted 34 weeks ago on Blown Mortgage
- Spread the good wordposted 61 weeks ago on Blown Mortgage
- Want to Know More About Me?posted 58 weeks ago on Blown Mortgage
- Impac exits wholesale lendingposted 66 weeks ago on Blown Mortgage
- Magical Mystery Tourposted 51 weeks ago on Blown Mortgage
- Fannie posts $2.3 billion quarterly lossposted 17 weeks ago on Blown Mortgage