The Senate Finance Committee's top Republican said late last week that he has directed his staff to probe the actions of Bear Stearns executives.

Sen. Charles Grassley, who represents Iowa, said he is concerned that insiders and senior executives may benefit from the fire sale of the company to JP Morgan Chase over the weekend leading up to March 17.

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JP Morgan Chase

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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US senator to examine Bear Stearns deal

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