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Congressman Cliff Stearns (R-FL), co-chair of the Congressional Cystic Fibrosis Caucus, speaks as the US House of Representatives supports cystic fibrosis awareness.
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Mar 17 - Bear Stearns found itself in the bargain bin after a cash crunch forced a quick sale. JP Morgan and the Fed stepped in to save Bear Stearns, paying just $236 million dollars for the former Wall Street powerhouse. Bobbi Rebell reports.
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Geoff Stearns goes over the YouTube Player APIs with demos and a technical overview.
Read our docs:
http://code.googl e.com/apis/youtube/j s_api_reference.html
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The Federal Reserve moved to assist a Wall Street investment bank on the brink of bankruptcy to prevent a failure that could have dealt serious consequences to the U.S. economy, Federal Reserve Chairman Ben Bernanke said Thursday. (April 3)
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PlusRaw Video: Ex-Bear Stearns Execs SurrenderRaw Video: Ex-Bear Stearns Execs SurrenderThe Associated PressTwo former Bear Stearns managers were arrested Thursday on charges linked to the collapse of a hedge fund that bet heavily on subprime mortgages before the market collapsed. (June 19)This video contains ONLY natural sound. No script is available.
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Federal Reserve Chairman Ben Bernanke told Congress Thursday the Fed expects to recover most, if not all, the $29 billion worth of loans it made to keep struggling Bear Stearns Cos. from collapse.(April 3)
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JPMorgan Chase is paying just $236 million for Bear Stearns, whose building alone is worth $1 billion plus. Why that's scary: The Fed was desperate to find someone to take over Bear, and the only bank strong enough to do it was able to cut a great deal, says MSN Money's Jim Jubak.
Hear more from Jim Jubak, the Webs #1 investing columnist, on MSN Money: http://tinyurl.com/3 5smkp
Bear Stearns bailout slams stocks, airlines raise fares, GM recalls more than 200,00 sedans for a fire risk. The AP's Mark Hamrick recaps Friday's business headlines. (March 14)