WASHINGTON (MarketWatch) -- Bear Stearns Cos., in the view of the Federal Reserve, simply was too interconnected to allow the investment house to fail, according to the minutes of two emergency meetings that Fed officials held last March. Presented with the full extent of the liquidity crisis facing ...

New York Times - Fed officials said Friday that they were not pumping money into the system in response to the poor jobs data but rather to the growing unwillingness or inability of investors to finance even routine business deals.