The Fed had no legal authority to bail out Bear Stearns because Bear Stearns was an i-bank. The only two i-banks that got help from the Fed were Morgan and Gol

The Fed had no legal authority to bail out Bear Stearns because Bear Stearns was an i-bank. The only two i-banks that got help from the Fed were Morgan and Goldman, and they only got it by converting to commercial bank holding companies first. So really, no i-banks got help from the Fed.