Much criticism has been aimed at Secretary of the Treasury Hank Paulson, Federal Reserve Chairman Ben Bernanke and SEC Chairman Christopher Cox for their swift action over the weekend of March 15-16 on Bear Stearns & Co. It is illuminating to read Cox’s letter to the Basel Committee on Banking Supervision(March 20, 2008) and the testimony [...]
The momentous Bear Stearns event
May 8th, 2008 · No Comments · Markets
Tags: Bear Stearns·bernanke·cox·paulson