Illinois Starts Bear Stearns Investigation

Shields, Yvette
July 2004
Bond Buyer;7/1/2004, Vol. 349 Issue 31917, p1
Trade Publication
Reports on the launch of an investigation into the selection of a book-runner for the pension bond of Bear, Stearns & Co. Inc. in Illinois. Plan of legislators to approve a bill that would revamp the state board which holds sway over new hospital construction; Complaint of representatives of Edward Hospital that they were pressured to use the company on a deal in exchange for planning board approval for a hospital project; Disclosure of the company on the amount it paid to Springfield Consulting.


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