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Bear Stearns parent
Bear Stearns parent
"Our liquidity and balance sheet are strong.... We don't see any pressure on our liquidity, let alone a liquidity crisis." -- CEO Alan Schwartz to CNBC on March 12, 2008

Time to Armageddon: Less than 36 hours

Sought emergency funding from the Federal Reserve on March 13, 2008, and was then sold to J.P. Morgan. Brooklyn U.S. prosecutors poked around, but there appears to be no active inquiry.

NEXT: Countrywide Financial Corp.
Last updated January 06 2009: 12:16 PM ET
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Wall Street: It's payback time
Wall Street: It's payback time
An angry mob of investors and taxpayers is assembling, and they want to see some executives' heads on pikes. The question for the courts will be, Who was just foolish with our money - and who was lying, cheating, and stealing? More
Three days that shook the world
Three days that shook the world
Exactly three months ago, the collapse of Lehman triggered a global financial panic. Fortune examines what happened in the 72 hours when the world's most powerful bankers met to try to save Lehman and wound up changing the face of Wall Street forever. More
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