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What great book that explains in great detail how the Bear Sterns demise was not only unnecessary but could have been avoided in a matter of 5 minutes on the day it failed.

This book is very enlightening, for both a professional financial-type and the novice. I learned a ton about our financial system.

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Highly recommended to all!!! I buy inventories that have a lot of variety and common uses.

I am always willing to quote a reduced price on a multi-item order and on wholesale lots. Nothing however could have prepared the firm's top leadership and pool of talented traders for the sudden death spiral that would leave the firm being taken over for a pittance.


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In one dramatic showdown with JP Morgan and the Fed this is the story of how fortunes were made and lost. The authors of Bear Trap describe what happened within Bear's walls and on the trading floor, events that resulted in the most sensational financial crisis of our times. They recount in detail the chain of events that led to the downward spiral - from both Bear's point-of-view and from the overall world financial marketplace's.

Bear-Trap: The Fall of Bear Stearns and the Panic of 2008

Nothing however could have prepared the firm's top leadership and pool of talented traders for the sudden death spiral that would leave the firm being taken over for a pittance The Fall of Bear Stearns and the Panic of Bill Bamber , Andrew Spencer. Nothing however could have prepared the firm's top leadership and pool of talented traders for the sudden death spiral that would leave the firm being taken over for a pittance. In one dramatic showdown with JP Morgan and the Fed this is the story of how fortunes were made and lost.