As part of his resignation (a move suggested by then-boss Jimmy Cayne), Spector was forced to vest most of his stock options and restricted stock by December 28, 2007, when the shares closed at $87.35. But being fired could have saved Spector's fortune. Warren Spector’s net worth. Warren J Spector is Chairman at Balbec Capital Management LP. Former Co-President Warren Spector, deposed after the hedge fund debacle, did the best of them all, reaping $168 million. Roughly 55 feet in width, or more than twice that of most Manhattan townhouses, the Greenwich Village house is “very unusual,” Mr. Kornmeier said. Online estimates of Warren Spector’s net worth vary. Former Bear Stearns Co-President Warren Spector is putting his double-wide Manhattan townhouse on the market for US$59.5 million, according to listing agent David Kornmeier of Brown Harris Stevens.. In December, Spector's wife and former actress Margaret Whitton, who lived with him in the townhouse, passed away from cancer.
While it’s relatively simple to predict his income, it’s harder to know how much Warren has spent over the years.
Spector is the former co-president of Bear Stearns, but was let go from the company during the 2007 financial panic (and was blamed for the bank's role in the crisis), reports Luxury Listings NYC. The biggest chunk of pay came in the form of bonuses, which for Bear … The couple paid $34.53 million for the house in 2007. Since getting fired by Jimmy Cayne just before Bear Stearns went belly-up, former Bear co-president and heir apparent Warren Spector has done a few things.
The former Bear Stearns co-president was one of the first heads to roll in the credit crisis when he was ousted last August. Continue to the next page to see Warren Spector net worth, estimated salary and earnings. See Warren J Spector's compensation, career history, education, & memberships. AP Spector was forced out of Bear Stearns in 2007, after two of the firm's internal hedge funds collapsed. Warren Spector, Co-President.