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Fire Sale

Bear Stearns Rescue Backed Amid Concerns

AP | MARTIN CRUTSINGER | Posted 03.26.2009 | Business

Read More: Investment Banks, Fire Sale, Federal Bailout, JP Morgan, Central Bank, Federal Reserve, Ben Bernanke, Bear Stearns, Bailout Outrage, Business News

WASHINGTON — Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid que...

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Credit Crunch Worsening

Wall Street Journal | LIZ RAPPAPORT, CARRICK MOLLENKAMP, KAREN RICHARDSON | Posted 03.28.2008 | Business

Read More: Fire Sale, Subprime Mortgages, Recession Fears, Subprime Mortgage Crisis, Fire-Sale Prices, Money Markets, Corporate Loans, Global Credit Crisis, Credit Crunch, Recession, Business News

A widening array of financial-market problems threatens to trigger a new phase in the global credit crunch, extending it beyond the risky mortgages th...

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