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61.

Bear Stearns Rescue Backed Amid Concerns
Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid questions by lawmakers about why the government was helping Wall Street...
03 Apr 2008

62.

JPMorgan Reports Bear Stearns Stake
JPMorgan Chase & Co. said Thursday it recently bought 11.5 million Bear Stearns Cos. shares in the open market, which will effectively increase its stake in the beleaguered investment bank to 44.9 pe...
03 Apr 2008

63.

Quotes From Bear Stearns Hearing
Some quotes from Thursday's Senate Banking Committee hearings on the federal government's facilitating the sale of Bear Stearns to JP Morgan Chase. ___ "Normally, the market sorts out which compa...
03 Apr 2008

64.

Bear Stearns Rescue Defended
Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid questions by lawmakers about why the government was helping Wall Street...
03 Apr 2008

65.

Bernanke's Remarks on Bear Stearns
Federal Reserve Chairman Ben Bernanke's prepared remarks Thursday to the Senate Banking Committee: ___ Chairman Dodd, Senator Shelby, and other members of the Committee, I appreciate this opportun...
03 Apr 2008

66.

Bernanke Defends Bear Stearns Rescue
The Federal Reserve moved to assist a Wall Street investment bank on the brink of bankruptcy to prevent a failure that could have dealt serious consequences to the U.S. economy, Federal Reserve Chair...
03 Apr 2008

67.

US Officials Defend Bear Stearns Actions
The unprecedented actions to prevent the collapse of Bear Stearns were taken to preserve the viability of the U.S. financial system and do not represent any kind of federal bailout, Federal Reserve C...
03 Apr 2008

68.

Fed Chief Says Bear Rescue Averted Chaos
Federal Reserve Chief Ben Bernanke said that failure to loan up to $30 billion in funds to Bear Stearns would have led to its bankruptcy and a chaotic chain of events which would have "severely" shaken confidence in financial markets.
02 Apr 2008

69.

US Fed Chief: 'Recession is Possible'
Federal Reserve Chairman Ben Bernanke said on Tuesday that the economy could possibly slip into recession later this year but would quickly rebound in the second half of the year.
02 Apr 2008

70.

Bernanke: Bear Stearns Wasn't a Bailout
The Federal Reserve's unprecedented actions to prevent the collapse of Bear Stearns were taken to preserve the "integrity and viability of the American financial system" and did not represent any ki...
02 Apr 2008

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