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), […]

More

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 […]

More