To the Point
Markets Volatile after Fed Moves
In a frantically arranged deal to avoid bankruptcy this weekend, the 85 year-old investment bank Bear Stearns was sold to JP Morgan Chase at a mere $2 a share with the Federal Reserve stepping in to guarantee Bear Stearns enormous trading obligations. Michael Patterson reports on the US stock market for Bloomberg .
By Lawrence O'Donnell • • 1 min readIn a frantically arranged deal to avoid bankruptcy this weekend, the 85 year-old investment bank Bear Stearns was sold to JP Morgan Chase at a mere $2 a share with the Federal Reserve stepping in to guarantee Bear Stearns enormous trading obligations. Michael Patterson reports on the US stock market for Bloomberg.
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After Five Years in, Where Do We Stand in Iraq?- 1:34Markets Volatile after Fed MovesYou’re reading this
- 7:48At Five Years in, Where Do We Stand in Iraq?
- 43:55Should the Fed Intervene to Rescue the Markets?
The full episode
1 of 3After Five Years in, Where Do We Stand in Iraq?- 1:34Markets Volatile after Fed MovesYou’re reading this
- 7:48At Five Years in, Where Do We Stand in Iraq?
- 43:55Should the Fed Intervene to Rescue the Markets?