Edgar Filing: BEAR STEARNS COMPANIES INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â J P MORGAN CHASE & CO

2. Date of Event Requiring Statement (Month/Day/Year)
04/07/2008

3. Issuer Name and Ticker or Trading Symbol
BEAR STEARNS COMPANIES INC [BSC]

(Last)

(First)

(Middle)

270 PARK AVENUE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10017

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	15,124,114	D ⁽¹⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Options to Buy Common Stock	04/07/2008	04/19/2008	Common Stock	50,000	$ 105	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	07/18/2008	Common Stock	188,000	$ 100	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	07/18/2008	Common Stock	19,800	$ 110	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	04/19/2008	Common Stock	250,000	$ 65	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	07/18/2008	Common Stock	270,300	$ 75	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	01/16/2009	Common Stock	159,200	$ 80	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	07/18/2008	Common Stock	48,000	$ 85	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	07/18/2008	Common Stock	45,700	$ 90	I	See footnote ⁽²⁾
Options to Buy Common Stock	04/07/2008	04/19/2008	Common Stock	26,800	$ 85	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/15/2010	Common Stock	23,900	$ 60	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/16/2009	Common Stock	97,500	$ 10	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/15/2010	Common Stock	21,400	$ 100	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/15/2010	Common Stock	2,400	$ 120	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/16/2009	Common Stock	1,200	$ 95	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/16/2009	Common Stock	9,800	$ 100	I	See footnote ⁽³⁾
Options to Sell Common Stock (Short Position)	04/07/2008	01/16/2009	Common Stock	25,000	$ 70	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	04/19/2008	Common Stock	95,000	$ 15	I	See footnote ⁽²⁾
Options to Sell Common Stock	04/07/2008	01/17/2009	Common Stock	22,600	$ 70	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	01/17/2009	Common Stock	10,000	$ 80	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	01/16/2010	Common Stock	200,000	$ 30	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	01/16/2010	Common Stock	70,000	$ 50	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	01/17/2009	Common Stock	35,000	$ 100	I	See footnote ⁽³⁾
Options to Sell Common Stock	04/07/2008	04/19/2008	Common Stock	3,200	$ 70	I	See footnote ⁽³⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/16/2010	Common Stock	168,900	$ 110	I	See footnote ⁽²⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/17/2009	Common Stock	590,700	$ 100	I	See footnote ⁽²⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/17/2009	Common Stock	205,600	$ 105	I	See footnote ⁽²⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/17/2009	Common Stock	608,500	$ 110	I	See footnote ⁽²⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/16/2010	Common Stock	50,000	$ 150	I	See footnote ⁽³⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/17/2009	Common Stock	20,000	$ 95	I	See footnote ⁽³⁾
Options to Buy Common Stock (Short Position)	04/07/2008	01/17/2009	Common Stock	25,000	$ 100	I	See footnote ⁽³⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
J P MORGAN CHASE & CO 270 PARK AVENUE NEW YORK,Â NYÂ 10017	Â	Â X	Â	Â

Signatures

/s/ Anthony J. Horan		04/15/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes the indirect beneficial ownership of 300 shares owned by J. P. Morgan Ventures Corporation, 415,768 shares owned by J. P. Morgan Whitefriars Inc. and 1,652 shares owned by J. P. Morgan Securities Inc., all wholly owned subsidiaries of the Reporting Person.
(2)	Beneficial ownership of this position is held by J.P. Morgan Securities Inc., a wholly owned subsidiary of the Reporting Person.
(3)	Beneficial ownership of this position is held by J.P. Morgan Whitefriars, a wholly owned subsidiary of the Reporting Person.
Â Remarks: ThisÂ FormÂ 3Â isÂ theÂ firstÂ ofÂ twoÂ FormÂ 3sÂ beingÂ filedÂ toÂ reflectÂ ReportingÂ Person'sÂ initialÂ beneficialÂ ownershipÂ onÂ 04/07/2008.

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