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Transcripts for CNN The 2000s 20240604 02:28:00

Averted. bear stearns has been bailed out by the government and now, they ve been bought out by a competitor. the government had never stepped in before, in the history of our republic. but the fed decided to change that because they decided it wasn t because bear stearns was too big to fail as we like to say, it was too interconnected to fail. the fed knows this is just one firm. when one tall building on wall street falls, is probably going to land on another one which could land on another one. was that institutional risk, the idea that you might have an uncontrollable fire on wall street that considered bernanke and the policymakers. the big question is, are there other banks in a situation similar to bear ....

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S&P 500 confirms correction; Ukraine-Russia crisis keeps investors on edge | Money

NEW YORK, Feb 23 ― Wall Street's main indexes fell yesterday, with the S&P 500 confirming a correction, as the Ukraine-Russia crisis kept investors on edge after Russian President Vladimir Putin recognised two breakaway regions in the country and ordered troops to the area. The S&P 500. ....

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