What was the impact of the near failure of bear stearns and


FIN100 Principles of Finance

· Using the following link to the Frontline video and then answer the following questions:

Short Version - FRONTLINE | Inside the Meltdown | Sneak Peek 2 | PBS

Long Version - FRONTLINE | "The Choice 2012" (full episode, English) | PBS

(ONE PARAGRAPH ONLY)

1. What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?

2. What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions if any?

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