Despite saving Lehman Brothers from failing,the Fed and the Treasury decided to allow Bear Stearns to go bankrupt,which it did in September,2008.

Name: Despite saving Lehman Brothers from failing,the Fed and the Treasury decided to allow Bear Stearns to go bankrupt,which it did in September,2008.
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This statement is false. The Fed and the Treasury intervened to rescue Bear Stearns from bankruptcy in March 2008, prior to the collapse of Lehman Brothers in September 2008.

Despite Saving Lehman Brothers from Failing,the Fed and the Treasury