THE BEAR STEARNS COMPANIES INC.
IncomeNotesSM
With Maturities of Nine Months or More from Date of Issue

Registration No. 333-136666
Filed Pursuant to Rule 424(b)(5)
Pricing Supplement No. 2
(To Prospectus dated August 16, 2006)

Trade Date: February 19, 2008
Issue Date: February 22, 2008
The date of this Pricing Supplement is February 11, 2008 

------------------------------------------------------------------------------------------------------------------------------------
 IncomeNotesSM due February 15, 2010
------------------------------------------------------------------------------------------------------------------------------------
 Interest
 Price to Discounts & Payment
 CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency
------------------------------------------------------------------------------------------------------------------------------------
07387EHU4 5.20% 02/15/2010 100.00% 0.400% 0.100% 99.700% Semi Annually
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
First Interest First Interest Survivor's
 Payment Date Payment Amount Option Subject to Redemption Date and Terms of Redemption
------------------------------------------------------------------------------------------------------------------------------------
 08/15/2008 $26.00 Yes No Non-redeemable.
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
 IncomeNotesSM due February 15, 2018
------------------------------------------------------------------------------------------------------------------------------------
 Interest
 Price to Discounts & Payment
 CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency
------------------------------------------------------------------------------------------------------------------------------------
07387EHV2 7.40% 02/15/2018 100.00% 1.500% 0.200% 98.750% Semi Annually
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
First Interest First Interest Survivor's
 Payment Date Payment Amount Option Subject to Redemption Date and Terms of Redemption
------------------------------------------------------------------------------------------------------------------------------------
 08/15/2008 $37.00 Yes Yes Commencing on 2/15/2010 and thereafter,
 the Notes may be called at par at the
 option of the Company on thirty days'
 notice.
------------------------------------------------------------------------------------------------------------------------------------

***

The distribution of IncomeNotesSM will conform to the requirements set forth in
Rule 2720 of the NASD Conduct Rules.

Bear Stearns (NYSE:BSC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Bear Stearns Charts.
Bear Stearns (NYSE:BSC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Bear Stearns Charts.