Five years ago this week, the world watched the spectacular implosion of Bear Stearns and its sale to JP Morgan for $10 a share.
It was almost sold for $2 a share, collapsing under the weight of loads of bad securities.
It seemed horrible at the time, but Wall Street would soon find out that it was only the beginning. Bear's sale was soon trumped by the Street's "Lehman Moment," in the fall of 2008, and the global financial crisis that followed.
Since then, Bear Stearns has been a bit of an afterthought.
But the people that ran it are still around. A lot of them are still working on the Street.
Here's what they've all been doing.
Carrie Hodjnicki also contributed to the reporting of this story.
James 'Jimmy' Cayne, CEO (from 1993 to 2008)
After leaving Bear Stearns, Cayne continued to play that game that brought him so much criticism during his tenure as CEO: bridge.
These days, Cayne is a fixture on the international bridge circuit. He ranks 20th on the American Contract Bridge League's"Players of the Decade" list, as of December 2012.
Alan Schwartz, CEO (from 2008 to the firm's collapse)
Alan Schwartz is the Executive Chairman of Guggenheim Partners, a "global financial services firm" based in Chicago.
According to his bio on Guggenheim's website, Schwartz also serves on Duke University's Board of Trustees and on the Fuqua School of Business Board of Visitors.
He lives in Greenwich, Conn. with his wife Nancy Seaman.
Alan 'Ace' Greenberg (CEO from 1978 to 1993)
Greenberg has always been known as something of an odd-ball—in 1999 he gave $1 million to provide Viagra to men who otherwise would not be able to afford it. He continues his charity work today with wife Karen Greenberg.
He also holds monthly gatherings for the world's foremost magicians.
He now serves as Vice Chairman Emeritus at JPMorgan (the firm that bought Bear Stearns in 2008), says The New York Observer.
See the rest of the story at Business Insider
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