The Bottom Line
London-born billionaire Joseph Lewis has probably become the largest shareholder of Bear Stearns.
London-born billionaire Joseph Lewis has probably become the largest shareholder of Bear Stearns, according to a filing with the Securities and Exchange Commission. With 8.1 million shares, or a 7 percent stake, Lewis owns more shares than Bear Stearns Chairman and CEO James Cayne, who has 5.8 percent of his company. (New York Daily News)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- Why Mitt Romney is perfectly poised for a comeback in 2016
- Why is the West so afraid of Islam?
- The Nazi smart bomb that inspired China's most dangerous weapon
- Why GOP reformers are bound to fail
- 10 things you need to know today: July 31, 2014
- The best places to find love — and lust — according to science
- Here's the schedule very successful people follow every day
- What would a U.S.-Russia war look like?
- The mystery behind China's aggressive push into space
- Don't vote for Andrew Cuomo
Subscribe to the Week