Financial Crisis on Wall Street

30 09 2008

A shocking series of events that forever changed the financial markets.

Concerns about the credit crisis grew increasingly dire, even though the government had already pledged to backstop Fannie Mae and Freddie Mac up to $200 billion just one week ago, and months earlier engineered JP Morgan’s purchase of Bear Stearns with a $29 billion guarantee.

Full Story at CNN

Advertisements

Actions

Information




%d bloggers like this: