false 0 1 false false true 3006 false 1 2135 2010-07-20T19:06:09Z 1997 Web SSN NAA DOB 2007-06-11 00:00:00 UTC Incident Occurred 2007-06-18 00:00:00 UTC Incident discovered by organization 2007-07-11 00:00:00 UTC Organization reports incident 2007-07-10 00:00:00 UTC Organization mails notifications Inside - Accidental 1 Bear Stearns 2008 BSC NYSE Balducci's 13000000000.0 2007-12-31 US$ /business/company Vincent Tese 2007 Michael Goldstein Henry Bienen Carl D Glickman Donald J Harrington Frank T Nickell Frederic V. Salerno Wesley S Williams Jr Paul A Novelly James Cayne Alan Schwartz Alan Greenberg Warren J Spector 2008 Michael J Cavanagh John C. Sites Jr. Fares D. Noujaim 10821300000.0 2006-11-30 US$ 16551400000.0 2006-11-30 US$ The Bear Stearns Companies, Inc. (former NYSE ticker symbol BSC) based in New York City, was a global investment bank and securities trading and brokerage, until its collapse and fire sale to JPMorgan Chase in 2008. The main business areas, based on 2006 net revenue distributions, were capital markets (equities, fixed income, investment banking; just under 80%), wealth management (under 10%), and global clearing services (12%). Bear Stearns pioneered the securitization and asset-backed securities markets, and as investor losses mounted in those markets in 2006 and 2007, the company actually increased its exposure, especially the mortgage-backed assets that were central to the subprime mortgage crisis. In March 2008, the Federal Reserve Bank of New York provided an emergency loan to try... Bear Stearns 1260 false Bear Stearns & Co Inc BSCBM 2010-06-07T17:36:12Z

Clerical error results in one account being exposed to another firm

New York, NY, USA

New York New York NY US 40.7144 -74.006 4