我的購物車 (0)
我的帳號資料
我的訂單紀錄
我的學校教授
我的學校課程

[ Tips ] 一分鐘使用導覽

搜尋 
請輸入欲查詢之關鍵字
 
  進階搜尋
依主題瀏覽 
依商品類型瀏覽 
依出版日期瀏覽 
依作者瀏覽(姓) 
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
V
W
Y
Z
銷售排行榜 
 您所選取的商品項目

> The Tip of the Iceberg: JP Morgan and Bear Stearns (A)

商品編號: 9-309-001
出版日期: 2009/01/22
作者姓名:
Bergstresser, Daniel B.;Rose, Clayton;Lane, David
商品類別: Finance
商品規格: 37p

再版日期: 2011/11/21
地域: New York
產業:
個案年度: 2008 -  

 


商品敘述:

Bear Stearns & Co. burned through nearly all of its $18 billion in cash reserves during the week of March 10, 2008, and an unprecedented provision of liquidity support from the Federal Reserve on Friday March 13 was insufficient to reverse the decline in Bear''s condition. Federal Reserve Chairman Benjamin Bernanke, Treasury Secretary Henry Paulson and New York Fed President Timothy Geithner were intent on limiting the impact of Bear''s problems on the wider financial system. James "Jamie" Dimon, Morgan''s Chairman and CEO, was in frequent contact with these regulators over the weekend of March 14-16, negotiating possible scenarios for the rescue of Bear, without which Bear would be forced it to seek bankruptcy protection when markets opened on Monday. Late on Sunday afternoon, March 16, Bear''s board accepted Morgan''s offer to purchase Bear for $2 per share, an offer that would not have been made without significant government assistance. There was hope that the Bear rescue would help avert the far-reaching spread of damage into the larger financial world that many policymakers viewed as likely to follow the failure of a major investment bank. This case examines a seminal event in the financial and economic crisis that began in the summer of 2007, and provides background for better understanding the full scope of the crisis as it was revealed during the summer and fall of 2008. It was written to address two sets of issues. First, it provides the opportunity to understand the corporate finance issues of capital and liquidity, and of firm valuation. Second, the case allows for the exploration of aspects of a firm''s internal and external governance, as well as the challenges of navigating through a crisis when faced with compelling pressures from competing stakeholders.


涵蓋領域:

Financial analysis;Liquidity;Personal finance;Financial strategy;Mergers and acquisitions;Financial crisis;Corporate governance;Stakeholder relations;Competitive strategy


相關資料:

Case Teaching Note, (5-309-072), 21p, by Clayton Rose, Daniel B. Bergstresser, David Lane;
Spreadsheet Supplement, (XLS623), 0p, by Daniel B. Bergstresser, Clayton Rose, David Lane