Bear bailout can't save shareholders
Story date: 2008-03-18 08:16:00
Added on: 2008-03-18 10:40:55
CNN Money - The Fed's guarantee of possibly toxic mortgage loans on Bear's books shows that officials are willing to take the risk of saddling taxpayers with billions of dollars in obligations in the name of keeping the banking system running.
Read more...
Related Stories:
-
Bear Stearns sold to JPMorgan Chase under US Treasury pressure
Times Online - As part of the deal, America's central bank has effectively underwritten $30 billion worth of Bear's toxic sub-prime mortgage...
2008-03-16 05:51:00 -
Bear Stearns big shots reaped big paydays (MSNBC)
The paper wealth may have disintegrated for Bear Stearns' top executives, but for years leading up to Bear's collapse they had been...
2008-03-19 01:50:57 -
Is this the Breaking of the Bear?
Safe Haven - ... so, Bear Stearn's excessive reliance on highly "modeled" and real asset/mortgage ... Now, if I compare this...
2008-01-30 07:37:00 -
Bear Paws At Man's Home Leads To Arrest (Local 6 Orlando)
A Lawtey man was charged with killing a Florida black bear after investigators say they found a bear's paws and skull inside...
2008-01-25 07:48:32 -
Stock market: The Bear's view on shares - Daily Telegraph
It is generally recognised that we have a bear market and its normal trajectory is a series of descending peaks and troughs,...
2008-07-29 07:40:00 -
Fed comes to Bear Stearns' rescue; shares dive (The Globe and Mail)
NEW YORK (Reuters) - Bear Stearns, slammed by a sudden cash crunch, hammered out an emergency funding deal with the Federal Reserve...
2008-03-14 03:16:31 -
How the Bear Stearns Fraud Case Unfolded - NPR News
Morning Edition , June 26, 2008 ยท The FBI showed up on the doorstep of Bear Stearns executive Matthew Tannin on a...
2008-06-25 07:26:00 -
Federal Prosecutors Launch Probe of Bear Stearns Funds
Wall Street Journal - ... prosecutors have launched a criminal investigation into two Bear Stearns Cos. mortgage ... The specter of...
2007-10-04 03:22:00
