jump to navigation

Bear Energy April 1, 2008

Posted by newyorkscot in Markets.
trackback

Did you know that Bear Stearns has an entire energy business, Bear Energy ? Not just trading natural gas on the financial markets, etc, but actually OWNS a powerplant ! Its trading business therefore supports its physical energy business (by buying/selling natural gas to power their powerplant, and trading the power itself). The business is built on the back of Bear’s acquisition of Williams in 2006.

Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: