> Finance & Stock Exchange > Markets > Markets - Look
TAKE A LOOK-Stocks fall,money markets freeze on new credit fears
Reuters: [2008-03-17 17:32:00]
Global stocks fell sharply and the dollar tumbled as a fire
sale of Bear Stearns and an emergency Federal Reserve cut in the
discount rate sparked fears that a worldwide credit crisis will
claim more casualties.
The rising concern was reflected in money markets where
traders reported a near stand-still with banks increasingly wary
of lending to each other for anything but the shortest periods.
Overnight dollar London interbank offered rates (Libor)
jumped by more than 80 basis points, the biggest daily increase
since the September 11, 2001 attacks at a stroke siezed up
interbank liquidity and heightened counterparty risk.
(Double-click on the codes in brackets to see stories)
--------------------------------------------------------------
MAIN STORIES
> MARKETS-Bank agony, money squeeze batter stocks [nL17601481]
> Bank-to-bank lending frozen;banks ask "who's next?[nL17102204]
> Bear fire sale sparks rout, Bush tries to calm [nL17118660]
> Stories on JPMorgan buying Bear Stearns [nN16640873]
CENTRAL BANKS AND MONEY MARKETS
> POLL-Euro money markets may worsen in next 3 mths [nL17768175]
> U.S. 3-month bill yield seen lowest in 50 years [nN17573917]
> Dlr overnight Libor rates soar as markets freeze [nL17002903]
> Banks scramble for BoE funds as crisis worsens [nL1768899]
> Three-month Euribor at 4.652 pct, new two-mth high[nFAE002191]
> Fed selling Treasury coupons to drain bank reserves[nTAR001264]
> ECB has no comment on BoE liquidity operation [nFAT004030]
> Swiss money markets tense on banking fears [nL17596708]
> Bank of Canada watches markets closely [nN17453749]
> US SWAPS-Spreads narrow on Fed moves, Morgan/Bear [nN17590252]
> CHRONOLOGY-Fed actions to boost liquidity [nN17556268]
OTHER STORIES
> PMI posts $1 billion quarterly loss, slashes divid[nBNG119108]
> Nat City falls on fears options could be narrowing[nN17309526]
> Hedge fund Man Group falls, driven by MF Global sl[nL17768743]
> S'pore's DBS, Lehman still trading with each other[nSIN225416]
> No special G7 meet planned after turmoil-Germany [nBAT002142]
> US financial firms' debt protection costs rise [nN17560039]
> IMF Strauss-Kahn says global market crisis worsening[nWEB8964]
> Banks face "new world order," consolidation-report[nN17587236]
> Lehman's Fuld: Fed move should ease market fears [nN17590174]
STOCKS, TREASURY AND COMMODITY MARKETS
Stocks
> Wall St sinks as Bear shakes faith in U.S banks [nN17590412]
> European shares tumble after Bear Stearns fire sale[nL1765938]
> Japan stocks at 2-½ yr closing low on yen,credit [nT298642]
> China stock index ends down 3.6 pct, at 8-mth low [nSHA297974]
> EURO CORP-iTraxx Europe hits record wide, banks hit[nL1745467]
> Commercial mortgage securities index spreads widen[nN17558297]
Debt
> Treasuries jump in safe haven bid on bank fears [nN17566264]
> US RATE FUTURES-Fed cuts of 125 bps seen possible [nTKW003012]
> EURO GOVT-2-yr yield falls below 3% after Fed move[nL17585967]
> UK rate futures soar as investors bet on BoE cuts [nL17496435]
Forex and commodities
> Dollar holds losses vs yen after TIC data [nN17555870]
> Sterling knocked as Bear Stearns worries infect UK[nL17749685]
> Investors flee commodities, plump for cash [nL17559142]
FED ACTIONS
> Fed cuts discount rate, announces liquidity steps [nN16507166]
> Bernanke-Fed acted to assure firms of liquidity[ID:nN16761440]
> US ready to maintain financ stability- Paulson [ID:nN16196091]
> TEXT-Federal reserve statement on market moves [ID:nN16699826]
> FACTBOX-Fed actions to boost liquidity [ID:nN16793991]
JPMORGAN BUYS BEAR STEARNS
> JPMorgan to buy Bear Stearns for $2 a share [ID:nN16710089]
> TEXT-JPMorgan statement to acquire Bear Stearns [ID:nWEN4525]
RELATED STORIES
> Investment firm Carlyle Capital files for winding [nN16518313]
> Cred Suisse keeps estimates, target on JPMorgan[ID:nBNG119009]
> US banks at risk after Bear "fire sale"-Oppenheimer [nWNA7513]
ANALYSES
> FED FOCUS-US Fed wades further into risky waters [nN16511442]
> Sovereign funds steer clear of Wall St, dollar [nL1731013]
> Sovereign funds to steer clear of Wall St, dlr [ID:nPEK288476]
> "Bailout" still a dirty word in Washington [ID:nN16487515]
FACTBOXES
> Mechanics of the Fed's Bear Stearns rescue plan[ID:nN14405074]
> Chronology-US bank rescues, failures in C20th [ID:nN14220098]
FACTBOXES
> What is a monoline bond insurer? [ID:nN25352128]
> US bond insurers and amount of debt insured [ID:nN09616523]
> How do the concerted central bank actions work [ID:nN12645011]
> Five facts about covered bonds [ID:nL23602058]
> Subprime crisis affects banks worldwide [ID:nL30660533]
> Structured investment vehicles [ID:nL15332524]
> Credit default swaps market [ID:nL0449697]
> U.S.-based commercial paper issuers [ID:nN11425301]
> What is commercial paper? [ID:nN11423240]
> What are conduits, SIVs and SIV-lites? [ID:nN07230599]
------------------------------------------------------------------ LIVE PRICES & DATA
> Spot forex rates <EFX=> Dollar money markets <USDVIEW>
> Euro money markets <EURVIEW> Yen money markets <JPYVIEW>
> World stocks <0#.INDEX> Dow Jones/NASDAQ <.DJI><.IXIC>
> Nikkei <.N225> FTSE 100 <.FTSE>
..........HOW TO FIND INFORMATION YOU NEED ON REUTERS..........
<REUTERS> <NEWS> <PHONE/HELP>
<EQUITY> <BONDS> <MONEY> <COMMODITY> <ENERGY>
---------------------------------------------------------------- Page Editor: Adrian Wright London Treasury Desk, +44 297 542 4441
----------------------------------------------------------------
Keywords: MARKETS/TAKEALOOK
TAKE A LOOK-Stocks fall,money markets freeze on new credit fears
Reuters: [2008-03-17 15:54:00]
Global stocks fell sharply and the dollar tumbled as a fire
sale of Bear Stearns and an emergency Federal Reserve cut in the
discount rate sparked fears that a worldwide credit crisis will
claim more casualties.
The rising concern was reflected in money markets where
traders reported a near stand-still with banks increasingly wary
of lending to each other for anything but the shortest periods.
Overnight dollar London interbank offered rates (Libor)
jumped by more than 80 basis points, the biggest daily increase
since the September 11, 2001 attacks at a stroke siezed up
interbank liquidity and heightened counterparty risk.
(Double-click on the codes in brackets to see stories)
--------------------------------------------------------------
MAIN STORIES
> MARKETS-Bank agony, money squeeze batter stocks [nL17601481]
> Bank-to-bank lending frozen;banks ask "who's next?[nL17102204]
> Stories on JPMorgan buying Bear Stearns [nN16640873]
CENTRAL BANKS AND MONEY MARKETS
> U.S. 3-month bill yield seen lowest in 50 years [nN17573917]
> Fed selling T-bills to drain US banks reserves [nTAR001262]
> Dlr overnight Libor rates soar as markets freeze [nL17002903]
> Banks scramble for BoE funds as crisis worsens [nL1768899]
> Three-month Euribor at 4.652 pct, new two-mth high[nFAE002191]
> ECB has no comment on BoE liquidity operation [nFAT004030]
> Swiss money markets tense on banking fears [nL17596708]
> CHRONOLOGY-Fed actions to boost liquidity [nN17556268]
OTHER STORIES
> No special G7 meet planned after turmoil-Germany [nBAT002142]
> S'pore's DBS, Lehman still trading with each other[nSIN225416]
> US financial firms' debt protection costs rise [nN17560039]
> UBS leads banks lower amid credit market fears [nL17178928]
> IMF Strauss-Kahn says global market crisis worsening[nWEB8964]
STOCKS, TREASURY AND COMMODITY MARKETS
Stocks
> Bear Stearns takeover sparks fresh financials rout[nL17118660]
> Dow briefly turns higher on JPMorgan bounce [nN17181768]
> European shares tumble after Bear Stearns fire sale[nL1765938]
> Japan stocks at 2-½ yr closing low on yen,credit [nT298642]
> China stock index ends down 3.6 pct, at 8-mth low [nSHA297974]
> EURO CORP-iTraxx Europe hits record wide, banks hit[nL1745467]
> Commercial mortgage securities index spreads widen[nN17558297]
Debt
> Treasuries jump in safe haven bid on bank fears [nN17566264]
> US RATE FUTURES-Fed cuts of 125 bps seen possible [nTKW003012]
> EURO GOVT-2-yr yield falls below 3% after Fed move[nL17585967]
> UK rate futures soar as investors bet on BoE cuts [nL17496435]
Forex and commodities
> Dollar holds losses vs yen after TIC data [nN17555870]
> Sterling falls to lowest in over a decade [nL17746019]
> Investors flee commodities, plump for cash [nL17559142]
FED ACTIONS
> Fed cuts discount rate, announces liquidity steps [nN16507166]
> Bernanke-Fed acted to assure firms of liquidity[ID:nN16761440]
> US ready to maintain financ stability- Paulson [ID:nN16196091]
> TEXT-Federal reserve statement on market moves [ID:nN16699826]
> FACTBOX-Fed actions to boost liquidity [ID:nN16793991]
JPMORGAN BUYS BEAR STEARNS
> JPMorgan to buy Bear Stearns for $2 a share [ID:nN16710089]
> TEXT-JPMorgan statement to acquire Bear Stearns [ID:nWEN4525]
RELATED STORIES
> Investment firm Carlyle Capital files for winding [nN16518313]
> Cred Suisse keeps estimates, target on JPMorgan[ID:nBNG119009]
> US banks at risk after Bear "fire sale"-Oppenheimer [nWNA7513]
ANALYSES
> FED FOCUS-US Fed wades further into risky waters [nN16511442]
> Sovereign funds steer clear of Wall St, dollar [nL1731013]
> Sovereign funds to steer clear of Wall St, dlr [ID:nPEK288476]
> "Bailout" still a dirty word in Washington [ID:nN16487515]
FACTBOXES
> Mechanics of the Fed's Bear Stearns rescue plan[ID:nN14405074]
> Chronology-US bank rescues, failures in C20th [ID:nN14220098]
FACTBOXES
> What is a monoline bond insurer? [ID:nN25352128]
> US bond insurers and amount of debt insured [ID:nN09616523]
> How do the concerted central bank actions work [ID:nN12645011]
> Five facts about covered bonds [ID:nL23602058]
> Subprime crisis affects banks worldwide [ID:nL30660533]
> Structured investment vehicles [ID:nL15332524]
> Credit default swaps market [ID:nL0449697]
> U.S.-based commercial paper issuers [ID:nN11425301]
> What is commercial paper? [ID:nN11423240]
> What are conduits, SIVs and SIV-lites? [ID:nN07230599]
------------------------------------------------------------------ LIVE PRICES & DATA
> Spot forex rates <EFX=> Dollar money markets <USDVIEW>
> Euro money markets <EURVIEW> Yen money markets <JPYVIEW>
> World stocks <0#.INDEX> Dow Jones/NASDAQ <.DJI><.IXIC>
> Nikkei <.N225> FTSE 100 <.FTSE>
..........HOW TO FIND INFORMATION YOU NEED ON REUTERS..........
<REUTERS> <NEWS> <PHONE/HELP>
<EQUITY> <BONDS> <MONEY> <COMMODITY> <ENERGY>
---------------------------------------------------------------- Page Editor: Adrian Wright London Treasury Desk, +44 297 542 4441
----------------------------------------------------------------
Keywords: MARKETS/TAKEALOOK
TAKE A LOOK-Stocks fall,money markets freeze on new credit fears
Reuters: [2008-03-17 14:23:00]
Global stocks fell sharply and the dollar tumbled as a fire
sale of Bear Stearns and an emergency Federal Reserve cut in the
discount rate sparked fears that a worldwide credit crisis will
claim more casualties.
The rising concern was reflected in money markets where
traders reported a near stand-still with banks increasingly wary
of lending to each other for anything but the shortest periods.
Overnight dollar London interbank offered rates (Libor)
jumped by more than 80 basis points, the biggest daily increase
since the September 11, 2001 attacks at a stroke siezed up
interbank liquidity and heightened counterparty risk.
(Double-click on the codes in brackets to see stories)
--------------------------------------------------------------
MAIN STORIES
> MARKETS-Bank agony, money squeeze batter stocks [nL17601481]
> Bank-to-bank lending frozen;banks ask "who's next?[nL17102204]
> Bear Stearns takeover sparks fresh financials rout[nL17118660]
> JPMorgan to buy Bear, Fed opens lending to Wall St[nN16500718]
CENTRAL BANKS AND MONEY MARKETS
> Dlr overnight Libor rates soar as markets freeze [nL17002903]
> Banks scramble for BoE funds as crisis worsens [nL1768899]
> Three-month Euribor at 4.652 pct, new two-mth high[nFAE002191]
> ECB has no comment on BoE liquidity operation [nFAT004030]
> Swiss money markets tense on banking fears [nL17596708]
OTHER STORIES
> No special G7 meet planned after turmoil-Germany [nBAT002142]
> S'pore's DBS, Lehman still trading with each other[nSIN225416]
> Lehman Bros credit protection costs rise 65 bps [nN17551065]
> UBS leads banks lower amid credit market fears [nL17178928]
> IMF Strauss-Kahn says global market crisis worsening[nWEB8964]
STOCKS, TREASURY AND COMMODITY MARKETS
Stocks
> US stock futures tumble on Bear Stearns fire sale [nN17546987]
> European shares tumble after Bear Stearns fire sale[nL1765938]
> Japan stocks at 2-½ yr closing low on yen,credit [nT298642]
> China stock index ends down 3.6 pct, at 8-mth low [nSHA297974]
> EURO CORP-iTraxx Europe hits record wide, banks hit[nL1745467]
Debt
> TREASURIES-Soar as 2-30-yr yld spread near widest [nL17709983]
> US RATE FUTURES-Fed cuts of 125 bps seen possible [nTKW003012]
> EURO GOVT-2-yr yield falls below 3% after Fed move[nL17585967]
> UK rate futures leap, price 100 bps of cuts by Dec[nLAH002363]
Forex and commodities
> Dollar in a tailspin despite Fed action [nL1792946]
> COMMODITIES-Gold, oil surge to new highs as dollar[nSYD299538]
FED ACTIONS
> Fed cuts discount rate, announces liquidity steps [nN16507166]
> Bernanke-Fed acted to assure firms of liquidity[ID:nN16761440]
> US ready to maintain financ stability- Paulson [ID:nN16196091]
> TEXT-Federal reserve statement on market moves [ID:nN16699826]
> FACTBOX-Fed actions to boost liquidity [ID:nN16793991]
JPMORGAN BUYS BEAR STEARNS
> JPMorgan to buy Bear Stearns for $2 a share [ID:nN16710089]
> TEXT-JPMorgan statement to acquire Bear Stearns [ID:nWEN4525]
RELATED STORIES
> Investment firm Carlyle Capital files for winding [nN16518313]
> Cred Suisse keeps estimates, target on JPMorgan[ID:nBNG119009]
> US banks at risk after Bear "fire sale"-Oppenheimer [nWNA7513]
ANALYSES
> FED FOCUS-US Fed wades further into risky waters [nN16511442]
> Sovereign funds to steer clear of Wall St, dlr [ID:nPEK288476]
> "Bailout" still a dirty word in Washington [ID:nN16487515]
> JPMorgan chief Dimon known as details man [ID:nN14429672]
> Bear Stearns 'fire sale' may hurt banks-analyst [nN17542441]
FACTBOXES
> Mechanics of the Fed's Bear Stearns rescue plan[ID:nN14405074]
> Chronology-US bank rescues, failures in C20th [ID:nN14220098]
FACTBOXES
> What is a monoline bond insurer? [ID:nN25352128]
> US bond insurers and amount of debt insured [ID:nN09616523]
> How do the concerted central bank actions work [ID:nN12645011]
> Five facts about covered bonds [ID:nL23602058]
> Subprime crisis affects banks worldwide [ID:nL30660533]
> Structured investment vehicles [ID:nL15332524]
> Credit default swaps market [ID:nL0449697]
> U.S.-based commercial paper issuers [ID:nN11425301]
> What is commercial paper? [ID:nN11423240]
> What are conduits, SIVs and SIV-lites? [ID:nN07230599]
------------------------------------------------------------------ LIVE PRICES & DATA
> Spot forex rates <EFX=> Dollar money markets <USDVIEW>
> Euro money markets <EURVIEW> Yen money markets <JPYVIEW>
> World stocks <0#.INDEX> Dow Jones/NASDAQ <.DJI><.IXIC>
> Nikkei <.N225> FTSE 100 <.FTSE>
..........HOW TO FIND INFORMATION YOU NEED ON REUTERS..........
<REUTERS> <NEWS> <PHONE/HELP>
<EQUITY> <BONDS> <MONEY> <COMMODITY> <ENERGY>
---------------------------------------------------------------- Page Editor: Adrian Wright London Treasury Desk, +44 297 542 4441
----------------------------------------------------------------
Keywords: MARKETS/TAKEALOOK
TAKE A LOOK-Markets slammed by Bear Stearns firesale, Fed cut
Reuters: [2008-03-17 12:37:00]
Global stocks fell sharply and the dollar tumbled as a fire
sale of Bear Stearns and an emergency Federal Reserve cut of a
key lending rate sparked fears that a worldwide credit crisis
will claim more casualties.
The rising concern was reflected in money markets where
traders reported a near stand-still with banks increasingly wary
of lending to each other for anything but the shortest periods.
The Fed cut the discount rate it charges on loans to banks
to 3.25 pct from 3.50 pct and moved to provide cash to a wider
range of financial firms, using tools last used in the Great
Depression. JPMorgan said it would buy Bear Stearns for a
rock-bottom price of $2 a share, valuing the bank at the centre
of a widening global credit crisis at about $236 million.
(Double-click on the codes in brackets to see stories)
--------------------------------------------------------------
MAIN STORIES
> MARKETS-Bank woes, money squeeze batter stocks [nL17601481]
> Anger,relief,worry:Bear Stearns staff fear for jobs [nSP90181]
> JPMorgan to buy Bear, Fed opens lending to Wall St[nN16500718]
CENTRAL BANKS AND MONEY MARKETS
> BoE to offer 5 bln stg 3-day repo to calm markets [nL1768899]
> BoE says satisfied 21.19 pct of 3-day repo bids [nLAC002757]
> Three-month Euribor at 4.652 pct, new two-mth high[nFAE002191]
> ECB has no comment on BoE liquidity operation [nFAT004030]
> Swiss money markets tense on banking fears [nL17596708]
OTHER STORIES
> No special G7 meet planned after turmoil-Germany [nBAT002142]
> Singapore DBS has not stopped trading with Lehman [nSGC001839]
> Europe's banks rocked by Bear Stearns fallout [nL17723055]
> IMF Strauss-Kahn says global market crisis worsening[nWEB8964]
FED ACTIONS
> Fed cuts discount rate, announces liquidity steps [nN16507166]
> Bernanke-Fed acted to assure firms of liquidity [nN16761440]
> US ready to maintain financ stability- Paulson [ID:nN16196091]
> TEXT-Federal reserve statement on market moves [nN16699826]
> FACTBOX-Fed actions to boost liquidity [nN16793991]
JPMORGAN BUYS BEAR STEARNS
> JPMorgan to buy Bear Stearns for $2 a share [nN16710089]
> ANALYSTS' VIEWS-JPMorgan buys stricken Bear Stearn[nL17418442]
> JPMorgan says deal helps avoid fire sale of assets [nWEN4522]
> JPMorgan says deal costs to total $6 billion [nNWEN4521]
> JPMorgan- Bear Stearns well run, good risk controls [nWEN4523]
> TEXT-JPMorgan statement to acquire Bear Stearns [nWEN4525]
STOCKS, TREASURY AND COMMODITY MARKETS
Stocks
> Bear Stearns seen whacking Wall St ahead of FOMC [nL1766298]
> Bear Stearns fire sale sparks Europe share plunge [nL17632464]
> Japan stocks at 2-½ yr closing low on yen,credit [nT298642]
> China stock index ends down 3.6 pct, at 8-mth low [nSHA297974]
> EURO CORP-iTraxx Europe hits record wide, banks hit[nL1745467]
Debt
> TREASURIES-Soar as 2-30-yr yld spread near widest [nL17709983]
> US RATE FUTURES-Fed cuts of 125 bps seen possible [nTKW003012]
> EURO GOVT-2-yr yield falls below 3% after Fed move[nL17585967]
> UK rate futures leap, price 100 bps of cuts by Dec[nLAH002363]
Forex and commodities
> Dollar plumbs new troughs despite Fed action [nL1715232]
> COMMODITIES-Gold, oil surge to new highs as dollar[nSYD299538]
OTHER STORIES
> Investment firm Carlyle Capital files for winding [nN16518313]
> Cred Suisse keeps estimates, target on JPMorgan[ID:nBNG119009]
ANALYSES
> FED FOCUS-US Fed wades further into risky waters [nN16511442]
> Sovereign funds to steer clear of Wall St, dlr [ID:nPEK288476]
> "Bailout" still a dirty word in Washington [ID:nN16487515]
> JPMorgan chief Dimon known as details man [ID:nN14429672]
> Bear deal could spark more capital raises-analyst [nN16518580]
FACTBOXES
> Mechanics of the Fed's Bear Stearns rescue plan[ID:nN14405074]
> Chronology-US bank rescues, failures in C20th [ID:nN14220098]
FACTBOXES
> What is a monoline bond insurer? [ID:nN25352128]
> US bond insurers and amount of debt insured [ID:nN09616523]
> How do the concerted central bank actions work [ID:nN12645011]
> Five facts about covered bonds [ID:nL23602058]
> Subprime crisis affects banks worldwide [ID:nL30660533]
> Structured investment vehicles [ID:nL15332524]
> Credit default swaps market [ID:nL0449697]
> U.S.-based commercial paper issuers [ID:nN11425301]
> What is commercial paper? [ID:nN11423240]
> What are conduits, SIVs and SIV-lites? [ID:nN07230599]
------------------------------------------------------------------ LIVE PRICES & DATA
> Spot forex rates <EFX=> Dollar money markets <USDVIEW>
> Euro money markets <EURVIEW> Yen money markets <JPYVIEW>
> World stocks <0#.INDEX> Dow Jones/NASDAQ <.DJI><.IXIC>
> Nikkei <.N225> FTSE 100 <.FTSE>
..........HOW TO FIND INFORMATION YOU NEED ON REUTERS..........
<REUTERS> <NEWS> <PHONE/HELP>
<EQUITY> <BONDS> <MONEY> <COMMODITY> <ENERGY>
---------------------------------------------------------------- Page Editor:Adrian Wright London Treasury Desk, +44 297 542 4441
----------------------------------------------------------------
Keywords: BEARSTEARNS/TAKEALOOK
TAKE A LOOK-Markets slammed by Bear Stearns firesale, Fed cut
Reuters: [2008-03-17 11:38:00]
Global stocks sank and the dollar tumbled as a fire sale of
Bear Stearns and a Fed emergency discount rate cut sparked fears
that worldwide credit crisis will claim more casualties.
The Fed cut the discount rate it charges on direct loans to
banks to 3.25 pct from 3.50 pct and implemented steps to provide
cash to a wider range of financial firms, using tools last used
in the Great Depression.
Minutes earlier, JPMorgan Chase & Co <JPM.N> had said it
would buy Bear Stearns <BSC.N> for a rock-bottom price of $2 a
share, valuing the U.S. investment bank at the centre of a
widening global credit crisis at about $236 million.
(Double-click on the codes in brackets to see stories)
--------------------------------------------------------------
MAIN STORIES
> MARKETS-Bear Stearns crisis batters stocks, dlr [nL17601481]
> Anger,relief,worry:Bear Stearns staff fear for jobs [nSP90181]
FED ACTIONS
> Fed cuts discount rate, announces liquidity steps [nN16507166]
> Bernanke-Fed acted to assure firms of liquidity [nN16761440]
> US ready to maintain financ stability- Paulson [ID:nN16196091]
> TEXT-Federal reserve statement on market moves [nN16699826]
> FACTBOX-Fed actions to boost liquidity [nN16793991]
JPMORGAN BUYS BEAR STEARNS
> JPMorgan to buy Bear, Fed opens lending to Wall St[nN16500718]
> JPMorgan to buy Bear Stearns for $2 a share [nN16710089]
> ANALYSTS' VIEWS-JPMorgan buys stricken Bear Stearn[nL17418442]
> JPMorgan says deal helps avoid fire sale of assets [nWEN4522]
> JPMorgan says deal costs to total $6 billion [nNWEN4521]
> JPMorgan- Bear Stearns well run, good risk controls [nWEN4523]
> TEXT-JPMorgan statement to acquire Bear Stearns [nWEN4525]
CENTRAL BANKS AND MONEY MARKETS
> Three-month Euribor at 4.652 pct, new two-mth high[nFAE002191]
> BoE to offer 5 bln stg 3-day repo to calm markets [nLAC002756]
> ECB has no comment on BoE liquidity operation [nFAT004030]
> Swiss money markets tense on banking fears [nL17596708]
STOCKS, TREASURY AND COMMODITY MARKETS
> Bear Stearns fire sale sparks Europe share plunge [nL17632464]
> Japan stocks at 2-½ yr closing low on yen,credit [nT298642]
> China stock index ends down 3.6 pct, at 8-mth low [nSHA297974]
> EURO CORP-Spreads widen on fear of bank liquidity [nL17602644]
> US RATE FUTURES-Fed cuts of 125 bps seen possible [nTKW003012]
> UK rate futures leap, price 100 bps of cuts by Dec[nLAH002363]
> EURO GOVT-2-yr yield falls below 3% after Fed move[nL17585967]
> Dollar plumbs new troughs despite Fed action [nL1715232]
> COMMODITIES-Gold, oil surge to new highs as dollar[nSYD299538]
OTHER STORIES
> Investment firm Carlyle Capital files for winding [nN16518313]
> Cred Suisse keeps estimates, target on JPMorgan[ID:nBNG119009]
ANALYSES
> FED FOCUS-US Fed wades further into risky waters [nN16511442]
> Sovereign funds to steer clear of Wall St, dlr [ID:nPEK288476]
> "Bailout" still a dirty word in Washington [ID:nN16487515]
> JPMorgan chief Dimon known as details man [ID:nN14429672]
> Bear deal could spark more capital raises-analyst [nN16518580]
FACTBOXES
> Mechanics of the Fed's Bear Stearns rescue plan[ID:nN14405074]
> Chronology-US bank rescues, failures in C20th [ID:nN14220098]
FACTBOXES
> What is a monoline bond insurer? [ID:nN25352128]
> US bond insurers and amount of debt insured [ID:nN09616523]
> How do the concerted central bank actions work [ID:nN12645011]
> Five facts about covered bonds [ID:nL23602058]
> Subprime crisis affects banks worldwide [ID:nL30660533]
> Structured investment vehicles [ID:nL15332524]
> Credit default swaps market [ID:nL0449697]
> U.S.-based commercial paper issuers [ID:nN11425301]
> What is commercial paper? [ID:nN11423240]
> What are conduits, SIVs and SIV-lites? [ID:nN07230599]
------------------------------------------------------------------ LIVE PRICES & DATA
> Spot forex rates <EFX=> Dollar money markets <USDVIEW>
> Euro money markets <EURVIEW> Yen money markets <JPYVIEW>
> World stocks <0#.INDEX> Dow Jones/NASDAQ <.DJI><.IXIC>
> Nikkei <.N225> FTSE 100 <.FTSE>
..........HOW TO FIND INFORMATION YOU NEED ON REUTERS..........
<REUTERS> <NEWS> <PHONE/HELP>
<EQUITY> <BONDS> <MONEY> <COMMODITY> <ENERGY>
---------------------------------------------------------------- Page Editor:Adrian Wright London Treasury Desk, +44 297 542 4441
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Keywords: BEARSTEARNS/TAKEALOOK
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