Some people you just can't please:
Lehman was one of the single largest issuers of commercial paper in the world. How could you let it go bankrupt and not expect the commercial paper market to be completely crushed?
--Graham-Fisher’s Mr. Quote-a-matic, Josh Rosner, lamenting to the New York Times that the federal government didn't do enough to backstop Lehman Brothers.
For the government to print money at the expense of taxpayers as opposed to requiring or going about a receivership and wind-down of any insolvent institutions should be troubling to taxpayers and regulators alike. The Fed has now crossed the line in a very clear way on ‘moral hazard,’. . .
--Same guy, back in March, lamenting to the New York Times that the federal government did too much to backstop JPMorgan's buyout of Bear Stearns.