Students aren't the only ones who get a whole bunch of discounts.

Just ask Michael Bloomberg, New York City's 66-year-old mayor, who reportedly takes advantage of his city's half-price senior subway fare and discount movie tickets (even though he is worth some $11.5 billion).

If you're looking to profit from your senior status, check out these discounts:

Baseball Tickets

Major League Baseball just started, which means mature baseball fans can start capitalizing on the many senior days offered by MLB teams. Mayor Bloomberg can play hooky on one of the New York Yankees' eight senior (age 60 and over) days, where for a mere $5 he can watch Derek Jeter play in historic Yankee Stadium before it is torn down at the end of the season. Consult your favorite team's box office for details, and ask about freebies.

For example, a Baltimore Orioles giveaway will hook-up the first 3,000 fans 55 and over with 1983 World Series 25th Anniversary tote bags and seat cushions.

Cell Phone Deals

Many seniors want the security of having a cell phone for emergencies and travel, but don't want to

NEW YORK (AP) -- Bear Stearns & Co.'s assets under management have shrunk 20 percent since the end of November, and stock and fixed income trading has plummeted to "well less" than half of activity levels in 2007 and the first quarter of this year, the company said in documents filed with the Securities and Exchange Commission late Friday.

The investment bank, which is being taken over by JPMorgan Chase & Co., with backing from the Federal Reserve, nearly collapsed last month after bad bets in the mortgage market dried up its access to capital and severely deteriorated its ability to generate earnings. With rumors leaking through the market that the bank was in danger of running out of money, investors did not want to trade with Bear Stearns or lend the company money.

The SEC filing details rapidly deteriorating conditions that have impaired the New York investment bank's ability to conduct business as it once had. Assets under management fell to $36 billion from $46 billion between the end of its fiscal year on Nov. 30 and March 24. A substantial number of its prime brokerage clients moved accounts to other firms and customer margin balances fell 23 percent to $66 billion since the end of its 2007 fiscal year, according to the filing.

"The extremely challenging market environment and the unique issues associated with the operating environment of the company have adversely affected the company's day-to-day business operations," the company said in the filing.

Bear Stearns said it faces a rapid loss of trading partners and customers and may be forced to file for