Tag: bank crisis
JP Morgan & The Fed Try To Rescue Bear Stearns
Today major news hit the markets and we’re down more than 230 points on the Dow. This is getting scary folks and is no joke. In the last 24 hours, investment banking giant Bear Stearns (BSC) suffered a major liquidity crunch and is on the verge of collapsing. JP Morgan Chase (JPM) and the Federal […]