FTC Looking at Bear Stearns Mortgage Unit
Investigating Doomed Investment Bank. The Federal Trade Commission (FTC) is the latest federal agency investigating doomed investment bank Bear Stearns. According to a recent filing with the Securities and Exchange Commission (SEC), Bear Stearns Cos' EMC Mortgage Corp unit has received a notice from the FTC that it may have violated … [Read more...] about FTC Looking at Bear Stearns Mortgage Unit
SEC Mulling Bear Stearns Probe
Facing lawsuits by angry shareholders and employees. Bear Stearns, the investment bank recently rescued by a massive bailout engineered by the Federal Reserve, hasn't seen the end of its troubles. Already facing lawsuits by angry shareholders and employees whose stock in the company is worth far less than it was two weeks ago, Bear … [Read more...] about SEC Mulling Bear Stearns Probe
Bear Stearns Faces U.S. Probes Over Links to Canary Hedge Fund
Bear Stearns Faces Criminal And Civil Probes. Bear Stearns Cos., the seventh- biggest securities firm, faces federal criminal and civil probes into whether it helped Canary Capital Partners LLC make illegal mutual fund trades, people familiar with the matter said. Bear Stearns is being investigated by the Securities and Exchange … [Read more...] about Bear Stearns Faces U.S. Probes Over Links to Canary Hedge Fund
