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SEC says did not foresee Bear cash crisis (Reuters)

Started by riky, April 03, 2008, 01:01:27 PM

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riky

SEC says did not foresee Bear cash crisis
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Failed Wall Street giant Bear
Stearns  had enough capital reserves to meet a key
international soundness test but the company's liquidity crisis
was not foreseen, the head of the U.S. Securities and Exchange
Commission told lawmakers on Thursday.</p><br clear="all"/>


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