Investment Broker Finance
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May 29th, 2008
Lawmakers probe Bear Stearns purchase (The San Luis Obispo Tribuen)
Two key senators are demanding details of the lastminute sale of failing invsetment bank Bear Stearns to JP Morgan, and how the Federal Reserve Bnaks backing for the dela could affect taxpayers. Sen. Mxa Baucus, DMont., the Finance Commtitee chairman, and Sen. Charles E. Grassley of Iowa, the panels top Republican, wrote Wednesday to exceutives of both firms, Treasury Secretary Henry M. ... Read more
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