federal reserve: Fed Announces First "Official" Bank Bailout - 03/14/08 03:48 PM
Most of us knew this sad day would come. The feds announced earlier today that it is going to bailout Bear Sterns with the assistance of JP Morgan Chase (Chase Manhattan). Bear Sterns announced today that it has secured financing through the Federal Reserve Bank of New York with the assistance … (1 comments)
federal reserve: Feds Give Banks More Money To Lend! - 01/04/08 09:04 PM
The Federal Reserve has started a new auction process to help ease the global credit crunch and give more money to the banks to lend out. The auctions will start on January 14th, and run every two weeks, rather than every three. The feds have increased the limits, although temporarily, to … (3 comments)
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Charles Tharp ~ Inland Empire Real Estate & Short Sale Specialist
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Most of us knew this sad day would come. The feds announced earlier today that it is going to bailout Bear Sterns with the assistance of JP Morgan Chase (Chase Manhattan). 
;)
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