2 options
Bear Stearns : Crisis and "Rescue" for a Major Provider of Mortgage-Related Products.
ProQuest Congressional Research Digital Collection: Part B (2004-2010) Available online
ProQuest Congressional Research Digital Collection: Part B (2004-2010)- Format:
- Book
- Government document
- Language:
- English
- Subjects (All):
- Financial institutions.
- Political ethics.
- Risk assessment.
- Physical Description:
- 1 online resource (16 pages, digital, PDF file)
- Place of Publication:
- [Place of publication not identified] : [publisher not identified], 2008.
- System Details:
- text file
- 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. Covers the amended buyout offer and altered terms for Federal Reserve and debate over moral hazard and system risk.
- Notes:
- 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.
- Other Format:
- Microfiche version: Library of Congress. Congressional Research Service. Bear Stearns
- Access Restriction:
- Restricted for use by site license.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.