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Reid Calls Bear Stearns `Bailout’ Unfair to Taxpayers (Bloomberg)

Senate Majority Leader Harry Reid of Nev. gestures during a news conference on Capitol Hill in Washington, Tuesday, March 11, 2008. (AP Photo/Dennis Cook)Bloomberg - March 17 (Bloomberg) — Senate Majority Leader Harry Reid, a
Nevada Democrat, said a decision by the Federal Reserve to
provide as much as $30 billion to JPMorgan Chase & Co. to help it
buy Bear Stearns Cos. is a “bailout” unfair to taxpayers.


Oryginal news: Yahoo! News: Politics News

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