Bear Stearns (investment) Bank tells investors they will get little, if any, of the money invested in two of its hedge funds after rival banks refuse to help it bail them out.

       [restored 4/27/2024]

Subsequent Events:

8/6/2007                  8/9/2007

References:

http://unpan1.sn.org/intradoc/Groups/public/Documents/apcity/unpan033507.pdf
unpan1.sn.org/intradoc/Groups/public/Documents/apcity/unpan033507.pdf

Bear Stearns Tells Fund Investors ‘No Value Left’ (Update2)
www.bloomberg.com/apps/news?pid=206/01087&sid=ajzRNcPOZAdI&refer=home

Current U.s. National Debt:

$36,167,124,467,492

Source