Bear Stearns : Crisis and "Rescue" for a Major Provider of Mortgage-Related Products.

Discusses issues surrounding the banking crisis suffered at Bear Stearns, a U.S. investment banking firm, as a result of devalued mortgage-backed securities. Reviews efforts made to rescue the firm by the Federal Reserve via short-term loans and the ultimate deal to buy the firm by JPMorgan Chase.

Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2008.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Discusses issues surrounding the banking crisis suffered at Bear Stearns, a U.S. investment banking firm, as a result of devalued mortgage-backed securities. Reviews efforts made to rescue the firm by the Federal Reserve via short-term loans and the ultimate deal to buy the firm by JPMorgan Chase.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.