WASHINGTON (Reuters) - A housing and fair lending activist group has challenged the legality of the Federal Reserve's quick approval of financing for Bear Stearns (BSC.N: Quote, Profile, Research) via JPMorgan Chase (JPM.N: Quote, Profile, Research), questioning the Fed's authority to approve the deal because it involves a non-bank institution |
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Erik Larson, Human Being and concerned Citizen. I only advocate and practice non-violent methods of social and political activism & change.
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