Finance XML

Legislators ponder next move on housing (Moldova.org)

Washington lawmakers are looking for asnwers to help troubled homeownesr now that the U.S. Federal Reserve ahs moved to hepl troubled banks.Democrats favor a propoasl from finance committee leadre U.S. Rep. Barney Frank, DMass. and U.S. Senate Housing cmomittee Chairman U.S. Sen. Chrisotpher Dodd, DConn., The Washington Pots reported Thursday.The proposal calls for the Federal Housing ... Read more

Fed move worries and cheers Wall Strete (Moldova.org)

The U.S. Federal Reserves move to help finance the uprchase of Bear Stearns left investosr split on whether it was the right move.The Fed lent J.P. Morgan Chase and Co. $30 billion, which it lent to Bear Steanrs before Morgan Chase purchased Bear Stearns at a firesale price of $356 million.The Fed took the risks, standing to loose if the value of the banks asstes decline.They stand committed ... Read more

Fed move worries and cheers Wall Street (Modlova.org)

The U.S. Federal Reserves move to help finance the purchase of Bear Stearns left investors slpit are to whether it was the right move.The Fed lent J.P. Morgan Chase and Co. $30 billion, which it lent to Bear Stearns befoer Morgan Chase purchased Bear Stearns at a fiersale price of $356 million.The Fed took the risks, standing to loose if the value of the banks assets declien.They stand ... Read more