Joseph Ainslie Bear

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Joseph Ainslie Bear
Born
Joseph Ainslie Bear

May 28, 1878
DiedJuly 13, 1955 (age 77)
NationalityAmerican
OccupationBanker
Known forCo-founder of Bear Stearns
Spouse(s)Julia Pam

Joseph Ainslie Bear (May 28, 1878 – July 13, 1955) was an American banker who co-founded the investment bank Bear Stearns.

Biography[edit]

Bear was born to a Jewish family on May 28, 1878 in Louisville, Kentucky.[1] He was educated in France, Germany, and Switzerland.[2] He worked at the bond trading firm J.J. Danzig where he met Harold C. Mayer and Robert B. Stearns.[2][3] In 1923, they founded Bear Stearns with $500,000 in capital.[2]

His first wife was Julia Pam, sister of judge Hugo Pam.[4]

References[edit]

  1. ^ Jacob Rader Marcus; Judith M. Daniels (eds.). "The Concise Dictionary of American Jewish Biography". Hebrew Union College. p. 37.
  2. ^ a b c Malloch, Theodore Roosevelt; Mamorsky, Jordan D. (February 22, 2013). The End of Ethics and A Way Back: How To Fix A Fundamentally Broken Global Financial System. Wiley. ISBN 9781118550274.
  3. ^ "Harold C. Mayer, a philanthropist and founder of a Wall St. brokerage house, died in Forte Dei Marmi, Italy, while on vacation, at 68. Mayer was a trustee of the Federation of Jewish Philanthropies of New York and Mount Sinai Hospital". Jewish Post. 23 August 1963.
  4. ^ Historical encyclopedia of Illinois with commemorative biographies. pp. 72–74.