Bear Market’s First Bagged Bear
If the August 2007 implosion of the subprime mortgage lending market signaled the impending burst of the housing asset bubble, the March 2008 collapse of the old-line investment banking firm Bear Stearns & Co. heralded the stock market crash and global financial crash of 2008. Cohan is an ex-investment banker who previously published a history of the investment-banking firm Lazard Read More ›