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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Market History - What Happened On March 14, 2008?

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harrison2
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 Posted 07/07/2012  11:22 pm  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
From the Wikipedia article:

Quote:
In March 2008, the Federal Reserve Bank of New York provided an emergency loan to try to avert a sudden collapse of the company. The company could not be saved...The collapse of the company was a prelude to the risk management meltdown of the Wall Street investment bank industry in September 2008, and the subsequent global financial crisis and recession.
And then later in the article:

Quote:
On March 17, 2008, JP Morgan Chase offered to acquire Bear Stearns...
Perfect! Knew there had to be something!
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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