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June 18, 2008 |
Contact: Anna Christopher, NPR |
GRAND JURY EXPECTED TO INDICT
FIRST TWO WALL STREET EXECUTIVES IN MORTGAGE CRISIS
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
