-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JtyF4vJMXE6UYbzaxxQ030p8HlhWSctHUx01LBOi1N6892rm3IecSxQXeuS0XtQQ
 Ajq9A3zwaYSBhrL695AdEg==

<SEC-DOCUMENT>0000777001-03-000022.txt : 20030529
<SEC-HEADER>0000777001-03-000022.hdr.sgml : 20030529
<ACCEPTANCE-DATETIME>20030529094420
ACCESSION NUMBER:		0000777001-03-000022
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030528
FILED AS OF DATE:		20030529

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BEAR STEARNS COMPANIES INC
		CENTRAL INDEX KEY:			0000777001
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				133286161
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		ONE METROTECH NORTH
		STREET 2:		9TH FL
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201
		BUSINESS PHONE:		3476439862

	MAIL ADDRESS:	
		STREET 1:		ONE METROTECH NORTH
		STREET 2:		9TH FL.
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MINIKES MICHAEL
		CENTRAL INDEX KEY:			0001180157

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08989
		FILM NUMBER:		03722505

	BUSINESS ADDRESS:	
		STREET 1:		115 SOUTH JEFFERSON ROAD
		CITY:			WHIPPANY
		STATE:			NJ
		ZIP:			07981
		BUSINESS PHONE:		9737932267

	MAIL ADDRESS:	
		STREET 1:		115 S JEFFERSON ROAD
		CITY:			WHIPPANY
		STATE:			NJ
		ZIP:			07981
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>min127.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
	<periodOfReport>2003-05-28</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000777001</issuerCik>
        <issuerName>BEAR STEARNS COMPANIES INC</issuerName>
        <issuerTradingSymbol>BSC</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
		<reportingOwnerId>
            <rptOwnerCik>0001180157</rptOwnerCik>
            <rptOwnerName>MINIKES MICHAEL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>0</isDirector>
			<isOfficer>1</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
			<officerTitle>Treasurer</officerTitle>
		</reportingOwnerRelationship>
	</reportingOwner>
	<nonDerivativeSecurity>
		<securityTitle>
			<value>Common Stock</value>
		</securityTitle>
		<transactionDate>
			<value>2003-05-28</value>
		</transactionDate>
		<deemedExecutionDate>
			<value>2003-05-28</value>
		</deemedExecutionDate>
		<transactionCoding>
			<transactionFormType>4</transactionFormType>
			<transactionCode>G</transactionCode>
			<equitySwapInvolved>0</equitySwapInvolved>
		</transactionCoding>
		<transactionAmounts>
			<transactionShares>
				<value>5000</value>
			</transactionShares>
			<transactionValue>
				<value>0</value>
			</transactionValue>
			<transactionAcquiredDisposedCode>
				<value>D</value>
			</transactionAcquiredDisposedCode>
		</transactionAmounts>
		<postTransactionAmounts>
			<sharesOwnedFollowingTransaction>
				<value>300000</value>
			</sharesOwnedFollowingTransaction>
		</postTransactionAmounts>
		<ownershipNature>
			<directOrIndirectOwnership>
				<value>D</value>
			</directOrIndirectOwnership>
			<natureOfOwnership>
				<value/>
			</natureOfOwnership>
		</ownershipNature>
	</nonDerivativeSecurity>
	<footnotes>
	</footnotes>
	<ownerSignature>
		<signatureName>By: Michael Minikes</signatureName>
		<signatureDate>2003-05-29</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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