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JPMorgan and the Bogus Bear Stearns Deal
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But Congress is not smart. So even if they did call in the Fed people to ask "Why?", they wouldn't know what to do with the answer.
It's better it's practically given away at a fire sale then allowed to fail, which seems would be it's fate.
It is another Enron and I worry for the employees that held BSC stock in their 401k's because they had to.
Mar 17 13:05 pm
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JPMorgan and the Bogus Bear Stearns Deal [View article]
It's better it's practically given away at a fire sale then allowed to fail, which seems would be it's fate.
It is another Enron and I worry for the employees that held BSC stock in their 401k's because they had to.