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Beware the Ides of March.
- Source :
- Canadian Business; 4/14/2008, Vol. 81 Issue 6, p13-14, 2p, 2 Color Photographs
- Publication Year :
- 2008
-
Abstract
- This article reports on the 2008 subprime financial crisis in the U.S. and Canada and the near-failure of investment bank Bear Stearns. When Bear Stearns was struggling to fund its operation, the U.S. Federal Reserve orchestrated the shift in its control to the firm JPMorgan. The article discusses the significance of this event to Wall Street history, as well as similar problems with asset-backed commercial paper trusts in Canada.
Details
- Language :
- English
- ISSN :
- 00083100
- Volume :
- 81
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Canadian Business
- Publication Type :
- Periodical
- Accession number :
- 31643553