The financial system | What went wrong | Economist ... Stearns, Wall Street’s fifth-largest investment bank, the most spectacular corporate casualty

Fed Acts to Rescue Financial Markets March 19th, 2008 | Category: ... of Afford Stearns add-on announced an open-ended lending program on the road to the biggest investment

Reuters - ... Stearns Cos Inc (BSC.N: Quote , Profile , Research ) is hoping to announce a deal to sell itself to JPMorgan Chase & Co (JPM.N: Quote , Profile , Research ) before Asian markets open on Monday, the Wall Street Journal reported on Sunday, as the investment ...

Recession or not? March 15th, 2008 Everyone has a different definition of recession but they all come down to one meaning: ... Stearns, a well-known investment banking company, has had to turn to JP Morgan Chase & Co