BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Bear Stearns director gives $250 thousand to low-level workers]]>http://www.bloggingstocks.com/2008/04/27/bear-stearns-director-gives-250-thousand-to-low-level-workers/http://www.bloggingstocks.com/2008/04/27/bear-stearns-director-gives-250-thousand-to-low-level-workers/http://www.bloggingstocks.com/2008/04/27/bear-stearns-director-gives-250-thousand-to-low-level-workers/#commentsFiled under: ,

Alan C. Greenberg, the 80-year old Bear Stearns (NYSE: BSC) director who joined the company in 1949, is giving $360 thousand to some of the bank's lower-level employees who may lose their jobs in the company's collapse.

According to the New York Times, "As a result of his gift, 25 longtime workers will receive $200 a month over six years. The recipients include mailroom and clerical employees, several of whom have physical or mental handicaps."

Of course, don't be feeling too warm and fuzzy: since early 2007 alone, Greenberg has sold over $30 million in Bear Stearns stock.

But it's still a nice gesture given that the bank's collapse has left a substantial dent in his net worth too. It's hard to imagine Angelo Mozilo doing something like this. Greenberg may spend the next few years dealing with shareholder lawsuits. He hasn't offered to give any money back to them.

Bear Stearns director gives $250 thousand to low-level workers originally appeared on BloggingStocks on Sun, 27 Apr 2008 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Alan GreenbergAngelo MoziloBear StearnsBSCexecutive compensationinthenewsSun, 27 Apr 2008 13:40:00 EST<![CDATA[Greenberg scoffs at Bear liquidity crunch rumors]]>http://www.bloggingstocks.com/2008/03/10/greenberg-scoffs-at-bear-liquidity-crunch-rumors/http://www.bloggingstocks.com/2008/03/10/greenberg-scoffs-at-bear-liquidity-crunch-rumors/http://www.bloggingstocks.com/2008/03/10/greenberg-scoffs-at-bear-liquidity-crunch-rumors/#commentsFiled under: ,

On CNBC today, Alan "Ace" Greenberg scoffed at the notion that Bear Stearns (NYSE:BSC)was on the brink of a liquidity crisis. But the protestation wasn't enough to stem the fall of the stock price to $62.21, its lowest level since March 2003, according to Bloomberg.

Despite the denial, there were two negative developments: Bear's put options were unusually active on Monday, and the cost to insure Bear's debt against default climbed, according to Dealbook.

"Totally ridiculous" is Greenberg's assessment of the rumors, but someone's betting that it's not.

Greenberg scoffs at Bear liquidity crunch rumors originally appeared on BloggingStocks on Mon, 10 Mar 2008 16:34:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ace GreenbergAceGreenbergAlan GreenbergAlanGreenbergBear StearnsBSCinthenewsMon, 10 Mar 2008 16:34:00 EST<![CDATA[Option update 8-1-07: Volatility indicating increased movement in market]]>http://www.bloggingstocks.com/2007/08/01/option-update-8-1-07-volatility-indicating-increased-movement-i/http://www.bloggingstocks.com/2007/08/01/option-update-8-1-07-volatility-indicating-increased-movement-i/http://www.bloggingstocks.com/2007/08/01/option-update-8-1-07-volatility-indicating-increased-movement-i/#commentsFiled under: , ,

Bear Stearns-(NYSE-BSC) volatility Elevated at 56; above 26-week average of 31. BSC is recently down $5.78 to $115.49. BSC August & September option implied volatility of 56 is above its 26-week average of 31 according to Track Data, suggesting larger price movement.

Lehman Brothers Holdings, Inc. (NYSE: LEH) volatility Elevated at 55, above 26-week average of 30. LEH is recently down $2.47 to $59.56. LEH call option volume of 16,716 contracts compares to put volume of 18,651 contracts. LEH August & September option implied volatility of 55 is above its 26-week average of 30 according to Track Data, suggesting larger risk.

Volatility Index S&P 500 Options-VIX up 1.34 to 24.86.


Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update 8-1-07: Volatility indicating increased movement in market originally appeared on BloggingStocks on Wed, 01 Aug 2007 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AceAlan GreenbergAlanGreenbergBear StearnsBearStearnsbondsBorkersbroker dealerBrokerDealerBSCFuldJames CayneJamesCayneLEHLehmanmortgageNew YorkNewYorkoption implied volatilityOptionImpliedVolatilitystockssubprimevolatility ElevatedVolatilityElevatedwallstreetWed, 01 Aug 2007 16:45:00 EST