Thursday, August 23, 2007
Is Bear Stearns on the auction block? Hit hard by the collapse of the subprime mortgage industry, the drop in its stock price could make it a bargain. Possible suitors include HSBC Holding, Deutsche Bank, Barclays, Bank of America, Wachovia or an arm of the Chinese government, which earlier this summer bought a 10% stake in The Blackstone Group. WSJ, Bear Stearns Buzz Swirls.