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Mar 17 - Bear Stearns found itself in the bargain bin after a cash crunch forced a quick sale. JP Morgan and the Fed stepped in to save Bear Stearns, paying just $236 million dollars for the former Wall Street powerhouse. Bobbi Rebell reports.
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Geoff Stearns goes over the YouTube Player APIs with demos and a technical overview.
Read our docs:
http://code.googl e.com/apis/youtube/j s_api_reference.html
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Congressman Cliff Stearns (R-FL), co-chair of the Congressional Cystic Fibrosis Caucus, speaks as the US House of Representatives supports cystic fibrosis awareness.
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Bear Stearns bailout slams stocks, airlines raise fares, GM recalls more than 200,00 sedans for a fire risk. The AP's Mark Hamrick recaps Friday's business headlines. (March 14)
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The Federal Reserve moved to assist a Wall Street investment bank on the brink of bankruptcy to prevent a failure that could have dealt serious consequences to the U.S. economy, Federal Reserve Chairman Ben Bernanke said Thursday. (April 3)
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Bear Stearns shareholders may have approved the sale to JPMorgan but they were far from pleased with the outcome. Luckily some were able to express themselves - through art. Breakingviews was on location.
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This is Secretary Paulson after the meeting with President Bush and the economic advisers. He and the Fed have done the right things but what horrific hesitation and body language.
This
http://www.youtub e.com/watch?v=9tFpPB vuKvo
Is the meeting where they cut to the President and found he had nothing to say.
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JP Morgan Chase has agreed to buy rival Bear Stearns, a move that contributed to the Fed announcing a cut in the emergency lending rate to financial institutions. The ongoing crisis sent Asian markets tumbling. (March 17)
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JP Morgan Chase buys out Bear Stearns, while the Federal Reserve takes drastic steps to prop up the financial sector. The AP's Mark Hamrick recaps Monday's business headlines. (March 17)