The Fed and Bear Stearns
Economy
Bernanke Defends Fed's Rescue of Bear Stearns()
April 4, 2008 As Congress grilled top financial regulators about whether the rescue of troubled investment bank Bear Stearns will put taxpayer money at risk, Federal Reserve Chairman Ben Bernanke said the bailout was necessary to avoid a financial meltdown.
Economy
'Marketplace' Report: Bear Stearns()
March 24, 2008 JPMorgan Chase & Co. has upped its offer to buy ailing Bear Stearns Co. to $10 a share. What does this mean for the federal reserve?
Economy
JPMorgan Quintuples Buyout Offer for Bear Stearns()
March 24, 2008 JPMorgan Chase & Co. has upped its offer to buy out ailing Bear Stearns Co., offering $10 a share instead of its original offer of $2 for the investment bank collapsed under the weight of bad subprime mortgages. The original Bear takeover agreement was forged with the support of federal regulators.
Economy
Rubin to Fed: Examine Roots of Credit Crisis()
March 21, 2008 Former Treasury Secretary Robert Rubin says policymakers must examine the series of events and regulatory failures that led to the current credit crisis to prevent a reoccurrence.
Economy
Bear Stearns' Collapse Ripples to Neighbors, Beyond()
March 20, 2008 The collapse of Bear Stearns, the country's fifth largest investment bank, is big news on Wall Street, but is it also affecting everyday people — the people who work right in Bear Stearns' neighborhood?
Economy
Have Fed's Efforts Helped Calm Investors' Worries?()
March 20, 2008 The Federal Reserve and others have been trying to restore confidence on Wall Street. The Bear Stearns collapse is only the latest blow. All of the recent interest rate cuts and other moves were designed in part to bring calm. Bethany McClean of Fortune magazine explains why fear persists despite all those efforts.
Economy
Shedding Light on the Latest Fed Rate Cut()
March 18, 2008 The Federal Reserve on Tuesday cut the federal funds rate by three-quarters of a percentage point, less than what many in the financial markets wanted. It was still aggressive by historic standards and underscores the Fed's economic concerns.
Election 2008
Democrats' Advisers Weigh In on Market Turmoil()
March 18, 2008 Should the Federal Reserve and the federal government intervene to bail out companies — such as Bear Stearns — that are in dire economic straits? The chief economic advisers to the Democratic presidential candidates weigh in.
Economy
Fed Expected to Cut Another Key Interest Rate()
March 18, 2008 The Federal Reserve meets Tuesday to decide whether to lower a key interest rate. Over the weekend, the central bank approved a cut in its emergency lending rate to financial institutions and became a lender of last resort for investment houses to begin securing short-term emergency loans.
Economy
Is the Fed Doing Enough to Help Sagging Economy?()
March 18, 2008 The Federal Reserve swooped in quickly to prevent Wall Street titan Bear Stearns from going bust and triggering a panic on Wall Street. It's not a bailout in the sense of a taxpayer rescue of a corporation. But it is part of a more activist approach to the credit crisis by both the Fed and the Bush administration's economic team.
