June 18, 2008
Contact:
Anna Christopher, NPR


   

NPR NEWS REPORTS:

GRAND JURY EXPECTED TO INDICT
FIRST TWO WALL STREET EXECUTIVES IN MORTGAGE CRISIS
REPORT AIRING ON NPR NEWS DAY TO DAY

TODAY, WEDNESDAY, JUNE 18


June 18, 2008; Washington, D.C. – NPR News is reporting that a grand jury in New York is expected to sign indictments today charging two former officials of Bear Stearns with securities fraud related to a nearly year-long investigation into Wall Street's role in the mortgage crisis. NPR’s FBI correspondent Dina Temple-Raston reports that a grand jury is still meeting and the indictments will be sealed until tomorrow.

The complete story is airing on the midday news program Day to Day. A companion Web story is available now at:
www.npr.org/templates/story/story.php?storyId=91646101

All excerpts must be credited to NPR News Day to Day. Television usage must include on-screen NPR News credit with NPR logo. The audio of the entire interview will be available at approximately 4:00PM (ET) at www.NPR.org

Day to Day offers a fresh take on national and world news, culture, politics and technology. Hosted by Alex Chadwick and Madeleine Brand, it offers listeners a newsmagazine airing in the schedule between NPR flagship programs Morning Edition and All Things Considered. Since its premiere in 2003, it is public radio’s fastest-growing new program and has increased its audience in every ratings period since launch. To find stations and broadcast times for Day to Day, visit www.NPR.org/stations