Bear Stearns: A Profile of Success

"Making the Competition Grin and Bear It!"

By julie Medeiros, published May 18, 2007
Published Content: 35  Total Views: 16,049  Favorited By: 1 CPs
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In light of today's national climate, it seems the one word that can accurately describe the state of our nation, and the future of the people within it, is uncertainty. Unfortunate, but true, we as a country have definitely fallen on uncertain times. In the midst of a war that has divided our nation and has no foreseeable end, it is impossible to predict, with any significant degree of confidence, what the future will bring to our nation, as a whole. On a more intimate scale, national crises, such as the social security issue, make the future equally as troublesome to citizens, individually. Yet, even more fragile than the nation, itself, and the people who comprise it, is the vulnerability of the businesses they run. Even in the most stable of political and economic climates, there is probably nothing more uncertain than the fate of a company in the business world.

In the competitive market of pursuing the "American Dream", the volatile world of business sees the demise of innumerable businesses yearly, in addition to the numerous "start-ups" that end up never really getting "off the ground". This is due to any number of variables, including the state of the economy, the status of the competition, the quality of the product a company renders, the environment between staff and management within a company and, finally, financial issues. Yet, one company that seems to have excelled in all these areas, and overcome the obstacles related to each, is the New York based company of Bear Stearns.

Takeaways
  • This article provides an extensive look into the structure and organization of Bear Stearns
  • The successes and adverse events are highlighted
  • Bear Stearns was twice named the "Most Admired" securities firm by Fortune Magazine
Did You Know?
In Bear Stearns 80 years of existence, despite the tumultuous environment of business and finance, the company never once experienced an unprofitable year!
Comments
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150 dollars to two in about six months. That's the profile of success.

Posted on 03/20/2008 at 12:03:07 PM

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