英国化学工程论文代写：贝尔斯登
英国化学工程论文代写：贝尔斯登
此案突显了公司开发的声誉在早年自己在纽约投资银行的一个特立独行的人。贝尔斯登一直专注于不同的是市场中的其他球员都做。在开始时，其他公司在行业中的收入来自股票承销和咨询服务，该公司专注于债券交易。
后来公司投资一些产品如长期资本管理公司（LTCM）以及贝尔斯登资产管理（BSAM）。这两个基金的两个关键方面是，这些资金可能有更高的回报，但也与高风险。进一步的公司继续投资于这些基金通过增加杠杆（伯勒，2008）。在这两种情况下，高风险是由银行造成巨大的损失。
最后，银行曾经雇用那些聪明、有致富欲望的人。这显然导致了战略，产品和行动，导致过多的风险的发展。三个方面，突出了清楚地表明上述作用和倾向的文化在贝尔斯登。由于这种文化
一切都是为了最大化的盈利二
缺乏高层管理者的责任，保护股东利益
过度风险的金融银行
可以说，在贝尔斯登这样的文化并帮助其定位可见à可见其竞争对手的银行。例如，银行的产品都有不同的属性，无论是启动商业和政府证券交易上通过大萧条和移动到长期资本管理公司是基于深刻复杂的计算机模型，协助证券定价根据风险比市场从而获得从美国长期国债价格之间发散的休息更准确。然而，这样的文化也导致了银行的垮台，因为某些决定被认为是不好的银行。例如，当其他银行从抵押贷款基金中撤出投资时，银行的过度杠杆作用被银行利用了。
英国化学工程论文代写：贝尔斯登
The case highlights that the firm had developed the reputation as a maverick in the investment banking in New York in its early years itself. Bear Sterns had always focused on being different from what the other players in the market were doing. At the start when others companies in the industry were earning from equity underwriting and advisory services, the firm focused on bond trading.
Later the company invested several products such as Long Term Capital Management (LTCM) and Bear Sterns Asset Management (BSAM). The two key aspects of these two funds are that these may have higher returns but also are associated with high risk. Further the firm continues to invest in these funds by increasing the leverage (Burrough, 2008). In both the cases high risk was taken by the bank resulting in huge losses.
Lastly, the bank used to hire people who were smart and had desire to become rich. This clearly led to development of strategies, products and actions that resulted in excessive risk. The three aspects that have been highlighted above clearly show the role of and inclination of the culture at Bear Stearns. As a result of this culture
Everything was secondary for maximizing the profitability
Lack of responsibility of the senior management to protect the interest of shareholders
Excessive risk taken by the financial bank
It can be said that such culture at Bear Stearns did help the bank in its positioning vis-à-vis its competitors. For example, the products of the bank always had different attributes whether it was the start of the business and trading in government securities to last through the Great Depression and moving onto the LTCM which was based on profoundly complex computer models assisting in pricing securities according to risk more accurately than the rest of the market thereby gaining from the divergence in price between long-term U.S. Treasurybonds. However, such culture also led to the downfall of the bank as certain decisions were taken that was not good for the bank. For example, the excessive leverage was employed by the bank when other banks were withdrawing the investment from the mortgage based funds.
