Tue 2008-03-25 00:00 EDT
Interfluidity :: Counterparty of last resort?
Fed "loan" "to support J.P. Morgan's purchase of Bear Stearns...not a loan at all. The Fed and J.P. Morgan are creating an investment fund, to be managed by BlackRock."
Tue 2008-03-25 00:00 EDT
Fed "loan" "to support J.P. Morgan's purchase of Bear Stearns...not a loan at all. The Fed and J.P. Morgan are creating an investment fund, to be managed by BlackRock."