CEO James Cayne

Syncora (SYCRF) Guarantee Inc. sued JPMorgan Chase & Co.’s EMC Mortgage unit over mortgage-backed securities, alleging fraud and breach of contract ... was a unit of Bear Stearns Cos. until the investment bank was bought by JPMorgan in 2008.  

(Updates with Cioffi and Tannin contesting SEC claims in the sixth paragraph.) Feb. 9 (Bloomberg) -- The U.S. Securities and Exchange Commission is considering a proposed settlement with two former Bear Stearns Cos. portfolio managers to resolve ...  

JPMorgan Chase & Co., the biggest U.S. bank by assets, was sued over mortgage-backed securities sold to Dexia SA (DEXB) because the loans underlying the securities were allegedly riskier than promised. Dexia accused JPMorgan and companies it acquired — Bear Stearns Cos. and Washington Mutual — of “egregious fraud,” saying they created and sold mortgage [...]  

New York TimesA Raucous Hazing at a Wall St. FraternityNew York TimesAbsent from this year's gathering were Wall Street exiles like Richard S. Fuld Jr., the former chief executive of Lehman Brothers; James E. Cayne, the former chief of Bear Stearns; and Jon S. Corzine, the former Goldman Sachs head who presided over the ...and more »