Bear Stearns

Sirius-XM Merger Approved by Justice Department

Justice Department gives thumbs up to satellite radio merger more than one year after it was first announced. CNN/MONEY March 24, 2008: 4:21 PM EDT In its decision, the Department of Justice determined that an XM-Sirius merger was not anti-competitive. The Justice Department argued that other media companies such as Clear Channel (CCU, Fortune 500), […]


FBI Targets Mortgage Industry

From The Times Online UK Shit, meet fan…. America’s Federal Bureau of Investigation is investigating senior banking executives for insider dealing and fraud as part of a criminal inquiry into the sub-prime crisis, the agent leading the inquiry said yesterday. Neil Power, the head of the FBI’s economic crimes unit, is heading the most far-reaching […]