Business news for Mon, 17 Dec 2007 & with word bear. 3 news.

Federal investigators are examining whether some insiders pulled money out of Bear's troubled hedge funds, while others were blocked from doing so

Officials from Merrill Lynch, Bear Stearns and other major banks are in talks to bail out a struggling bond insurance company that has guaranteed $26 billion in mortgage securities, according to two people briefed on the situation, because the insurer's woes could force the banks to take on billions in losses they had insured against.

Electrical hardware maker Square D Co. is hunting down hundreds of thousands of counterfeit circuit breakers that bear its logo and could cause explosions in household electrical systems. The Palatine-based company estimates that at least a half-million of the knockoff breakers have entered the ...