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GOP's Grassley questions Bear Stearns bailoutQuicklink Submitted By Amanda Lang No comments
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| The Senate Finance Committee's top Republican on Thursday questioned the Federal Reserve's bailout of Bear Stearns and whether the action may have benefited top executives at the expense of shareholders. "Corporate bigwigs shouldn't be able to profit from a deal while employees, shareholders and creditors have to carry the burden of a company's demise,"Grassley (Iowa) said. His staff is delving intot the details. |
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Amanda Lang Social Media Pages: 
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.
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