Bear Stearns rescue hot topic on the Hill

Courtesy Economic news - CNNMoney.com  Wed, 04/02/2008 - 11:49

Congress on Thursday will scrutinize JPMorgan Chase's controversial acquisition of Bear Stearns and quiz top executives from both firms as well as the regulators who helped engineer the rescue.


 

Related news items

Bear deal goes under the microscope
The Senate took a long, hard look at JPMorgan Chase's planned purchase of Bear Stearns on Thursday, grilling both executives and federal regulators...

Bear bust could have been 'disastrous'
Federal regulators and top executives at JPMorgan Chase and Bear Stearns told lawmakers Thursday that the 11th-hour deal between the two firms...

Bear bust could have been 'disastrous' - CEOs
Top execs at both JPMorgan Chase and Bear Stearns told Senate lawmakers Thursday that the 11th-hour deal between the two firms, crafted with the aid...

Senators question Bear Stearns sale
Key senators are asking questions about the recent pennies-on-the-dollar sale of investment firm Bear Stearns to JPMorgan Chase, a transaction made...

Higher bid for Bear Stearns
Stocks jump after JPMorgan Chase boosts its bid for Bear Stearns to $10 per share. Existing-home sales show their first gain in seven months. S&P...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com