Michael Minikes is the former CEO of Bear Stearns Securities Corp, the securities arm of the large and respected investment bank. Bear Stearns was sold to JP Morgan Chase in 2008 for $.12 a share after a very public failure. The collapse of the company was a prelude to the risk management meltdown of the Wall Street investment bank industry in September 2008, and the subsequent global financial crisis and recession. In January 2010, JPMorgan discontinued use of the Bear Stearns name.
Homes - Celebrity - Business
By: Champion3
