AMERICAblog.com

Visit our stores
here and here
You are NOT on the AMERICAblog home page
click here to go there!
Check to have links open new windows
Send me your tips: americablog@starpower.net



Friday, March 14, 2008
JP Morgan and NY Federal Reserve bail out Bear Stearns
· 3/14/2008 09:48:00 AM ET · Link 
Make a comment · reddit · FARK · Digg It!

Oh sorry, we don't do bailouts for Wall Street. Isn't that what Paulson told us? Why are American taxpayers funding the stupidity and greed of Wall Street?
JPMorgan Chase says that in conjunction with the Federal Reserve Bank of New York it will provide temporary funding for Bear Stearns.

The funding will be provided as necessary for up to 28 days. During that time, JPMorgan Chase will also help Bear Stearns find permanent financing.

Bear Stearns says its liquidity significantly deteriorated over the past day and the temporary funding will help it continue operating normally. The investment bank added there is no guarantee any permanent strategic alternatives will be successful.

Labels: , , , ,



You are NOT on the AMERICAblog home page, 
click here to read more posts about US Politics













News sites:
- Washington Post
- NYT
- AP Politics
- Reuters Politics
- Editor & Publisher
- Rasmussen Polls
- Time
- Newsweek
- Roll Call
- The Hill

- ABCNews
- Bloomberg Politics
- Boston Globe
- CBS News
- Chicago Sun-Times
- Chicago Tribune
- Christian Science Monitor
- CNN
- Congressional Quarterly
- Dallas Morning News
- Dow Jones
- Houston Chronicle
- Los Angeles Times
- McClatchy
- Miami Herald
- NBC News
- NY Daily News
- New Republic
- NY Daily News blog
- NYT listing of blogs
- New Yorker
- NPR
- Philly Daily News
- Philly Inquirer
- SF Chronicle
- USA Today
- Vanity Fair
- Village Voice

Foreign
 - Agence France-Presse
- Al Jazeera
- Asia Times
- BBC
- Der Spiegel (Germany, in English)
- Economist
- Financial Times
- Guardian (UK)
- Haaretz (Israel)
- Independent (UK)
- International Herald Tribune
- Jerusalem Post
- Le Monde (in French)
- Le Monde Diplomatique (in English)
- Times of India
- Times of London
- Yahoo, World News (in French)
- Yahoo, Latin American News (in Spanish)

Opinion
 - Jonathan Alter
- Eric Boehlert
- Eleanor Clift
- Joe Conason
- E.J. Dionne, Jr.
- Maureen Dowd
- Dan Froomkin
- Mark Morford
- Frank Rich
- Helen Thomas

Political Cartoons
- Daryl Cagle
- Jeff Danziger
- Doonesbury
- Mark Fiore
- Mike Luckovich
- Pat Oliphant
- Ted Rall
- Tom Toles

Gossip
 - Defamer
- Gawker
- Liz Smith
- Page Six
- Perez Hilton
- Reliable Source (Wash Post)
- Wonkette
- Yahoo Celebrity News

Donate to
AMERICAblog Candidates
Scott Kleeb (NE-Senate)
Obama for President
Annette Taddeo (FL-18)
DCCC
Tom Allen (ME-Senate)
Rick Noriega (TX-Senate)



AMERICAblog on Facebook

Buy an ad on all the top liberal blogs at once, over 2 million page views daily, here.

The anti-spam service I use and recommend:

AMERICAblog Alums
- Cliff Schecter
- Michael Giltz

Some sites I like:
 - Air America Radio
 - Alan Colmes' blog
- Annatopia
- Ari Melber (The Nation)
- Ben Smith
- BicycleMark's blog & podcast
- Billmon
- Bloggernista
- Bonjour America
- Bootstrapping Andrew Sullivan
- BradBlog
- Bring It On
- Crooks and Liars
- DailyKos
- Dan Savage's "Slog"
- Daou Report
- Democratic Underground
- Eschaton
- Fire Dog Lake
- Freeway Blogger
- The Gavel (Speaker Pelosi's blog)
- Good As You
- HRC Backstory
- Huffington Post
- Hullabaloo (Digby)
- Jack and Jill Politics
- Jed Report
- Jesus' General
- Kenneth in the 212
- Margaret Cho
- Matthew Gross
- Max Blumenthal
- Media Matters
- Mike Signorile's "The Gist"
- MyDD
- Open Left
- On the Road to 2008
- Political Punch (Jake Tapper)
- Political Wire
- Politics 1
 - Pop Surfing
- RawStory
- Rude Pundit
- Smirking Chimp
- Smith Watch (NE-03)
- Steve Gilliard's News Blog
- Talk Left
- Taylor Marsh
- Think Progress
- TowleRoad
- Tapped
- VetVoice.com
- Washington Note
- Wash Post's PostGlobal
- WayneBesen.com
- Wonkette
- Worth Repeating



Give to AMERICAblog
One-time donation
$
Recurring monthly donation
$
Donations are not tax-deductible.

Why AMERICAblog?
Because at some point you tire of the lies.

What issues do you cover?
US politics overall with a particular focus on the Bush Administration, the radical right, and civil rights.

Who are you?
 John Aravosis
Editor
Washington, DC

Joe Sudbay
Deputy Editor
Washington, DC

Chris Ryan
Associate Editor
Paris, France

Robert Arena
Contributing Editor
Baltimore, Maryland

A.J. (Alex) Rossmiller
Contributing Editor
Ann Arbor, Michigan

Jacki Schechner
Contributing Editor
Washington, DC

Copyright 2008 - John Aravosis