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Bears Stearns Cos.

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    Dec 23, 2011 |Story| Baltimore Sun
  1. First Mariner's Hale retires

    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession to save it from failure.
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...

    Tags: Wilmington Trust Company, Inner Harbor, Glen Burnie, Mortgages, Corporate Officers

  2. Jun 30, 2011 |Story| Baltimore Sun
  3. Geithner said to consider departure from Treasury

    Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the federal debt limit, according to three people...

    Tags: Moody's Corporation, Bill Clinton, Harvard University, National Economic Council, Labor Markets

  4. Apr 24, 2011 |Story| Baltimore Sun
  5. First Mariner, Hale face future without each other

    Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style.
    Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style. But after years of trying to turn around the company he founded, that's what the First Mariner Bancorp chairman and chief executive agreed to do last week —...

    Tags: Mortgages, Stock Market, M.J. Brodie, Banking, Corporate Officers

  6. Feb 24, 2012 |Story| Reuters
  7. |Story
  8. Dec 23, 2008 |Story| Los Angeles Times
  9. The missing parts to get Detroit roadworthy again

    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with  $13.4 billion  from the  Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from defaulting on multibillion-dollar payments to suppliers next month, an event that could have triggered a broad collapse. Yet the move hasn't exactly drawn rave reviews. Some economists contend that the administration was simply throwing good money after bad. And  United Auto Workers President Ron Gettelfinger  complained that the administration had imposed "unfair conditions singling out workers."
    President Bush saved thousands of jobs in the U.S. automobile industry last week when he agreed to provide General Motors and Chrysler with $13.4 billion from the Troubled Asset Relief Program. The low-interest loans will keep the two manufacturers from...

    Tags: U.S. Department of the Treasury, Freddie Mac, George Bush, Automotive Equipment, Fannie Mae

  10. Oct 31, 2008 |Story| Los Angeles Times
  11. Rx for our financial crisis

    Call it &quot;a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S. automakers merge their troubled operations. There's also talk of <a href="http://latimesblogs.latimes.com/presidentbush/2008/10/new-stimulus.html">another stimulus package </a> of $150 billion or more.
    Call it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two U.S....

    Tags: Freddie Mac, Mortgages, Fannie Mae, Values, University of Southern California

  12. Sep 14, 2008 |Story| Hola Hoy
  13. Nov 21, 2008 |Story| Chicago Tribune
  14. Prince Alwaleed

    Despite Prince Alwaleed bin Talal's decision to boost his stake in Citigroup, Inc., shares dropped below $5 a share Thursday, to their lowest level in 15 years. Prince Alwaleed, who is a longtime investor in Citigroup, plans to increase his stake in...

    Tags: Citigroup Incorporated, Bank of America Corp., Real Estate Sellers, Lehman Brothers Holdings Inc., Society

  15. Sep 29, 2008 |Story| WPIX-LTV
  16. Stocks Tumble As Bailout Plan Fails In House

    NEW YORK (AP) -- Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously -- hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was...

    Tags: U.S. Department of the Treasury, Big 3 Auto Bailout (2008), Mortgages, Stock Market, Stock Broking

  17. Apr 19, 2010 |Story| Chicago Tribune
  18. Obama, Democrats challenge GOP on Wall Street regulation

    Emboldened by fraud allegations against giant Goldman Sachs Group, the Obama administration and Senate Democrats will push for a showdown this week on their sweeping overhaul of financial regulations. President Barack Obama will travel to Manhattan on...

    Tags: Fraud, Mortgages, Corruption, Corporate Officers, Banking

  19. Jan 21, 2010 |Story| Chicago Tribune
  20. Obama seeks new curbs on banks

    Taking aim at what he called Wall Street's "huge, reckless risks in pursuit of quick profits and massive bonuses," President Barack Obama on Thursday proposed new restrictions on the nation's largest banks in the aftermath of the financial crisis. Obama'...

    Tags: Freddie Mac, Investments, Financial Services, Stock Activities, Paul Volcker

  21. Sep 26, 2008 |Story| WXIN-LTV
  22. U.S. engineers sale of WaMu to JPMorgan

    In the biggest bank failure in U.S. history, Washington Mutual Bank was seized late Thursday by federal regulators and immediately sold to JPMorgan Chase & Co. for $1.9 billion. Customer deposits will be secure, regulators said, but shareholders of the...

    Tags: Jamie Dimon, Mortgages, City of Industry, Illinois, Bank of America Corp.

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Bears Stearns Cos. Photos
Traders work on the floor of the New York Stock Exchang...
(March 14, 2008)
Uncertain future