Bear Stearns May Lose Independence After Fed Bailout (Update3)
Story date: 2008-03-15 10:42:00
Added on: 2008-03-15 11:11:57
Bloomberg - The Fed acted to prevent the failure of the second-biggest underwriter of U.S. mortgage bonds and forestall a potential ... The failure of the two funds, which invested in securities linked to subprime mortgages, prompted a sell-off of the assets ...
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