Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, April 15, 2008

Bear Stearns Files 10-Q Report

Bear Stearns filed its 10-Q Report for the first quarter of 2008, and both the notes to the financial statements and the MDA discuss the subsequent liquidity crisis, the merger with JPMorgan Chase and related litigation.  It also discloses that the Antitrust Division of the U.S. Department of Justice ("DOJ") and the SEC are investigating possible anti-competitive bidding practices in the municipal derivatives industry and that  Bear Stearns received a "Wells Notice" in connection with the bidding for various
financial instruments associated with municipal securities.

http://lawprofessors.typepad.com/securities/2008/04/bear-stearns-fi.html

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