Muckety

Stories tagged with JPMorgan Chase

 

Bear Stearns bid would mean $100M to Joe Lewis

By Laurie Bennett   |   March 24, 2008 at 5:15pm   |   1 Comments

Things are looking up, but only slightly, for Bahama billionaire Joe Lewis.

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NY Fed bails out Bear Stearns

By Laurie Bennett   |   March 15, 2008 at 10:28am   |   0 Comments

Bear Stearns, drowning in debt from its mortgage-related investments, received a lifeline yesterday from the Federal Reserve of New York.

Acting through JPMorgan Chase, the fed provided a line of credit to keep the bank solvent.

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