U.S. Financial Markets and Sale of Bear Stearns

Chairman Bernanke and others testified about the recent actions of federal financial regulators attempting to prevent damage to global… read more

Chairman Bernanke and others testified about the recent actions of federal financial regulators attempting to prevent damage to global financial systems. Questioning centered on whether the Federal Reserve was justified in using $30 billion in federal money to assist the purchase of Bear Stearns by JP Morgan Chase. The unprecedented action occurred on a Sunday. Democrats wanted to know whether inside pressure was applied by the Bush administration.

Executives of Bear Stearns and JPMorgan Chase also testified about the history of the transactions and the effects on their companies. close

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U.S. Financial Markets and Sale of Bear Stearns

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Program ID:
204680-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Apr 3, 2008
Last Aired:
Apr 7, 2008

Airing Details

  • Apr 03, 2008 | 10:00am EDT | C-SPAN 3
  • Apr 03, 2008 | 6:24pm EDT | C-SPAN 3
  • Apr 03, 2008 | 7:40pm EDT | C-SPAN 1
  • Apr 03, 2008 | 8:33pm EDT | C-SPAN 2
  • Apr 04, 2008 | 4:04am EDT | C-SPAN 2
  • Apr 04, 2008 | 12:38pm EDT | C-SPAN 3
  • Apr 07, 2008 | 11:16am EDT | C-SPAN 2
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