scobbydube

What the Bear Stearns Resolution Tells Us About the Fed

The Fed's action might work for a short term, but they are not solving the real problem.. This country and most of it's people are living way beyond their means.. Currently we are penalizing the people who save - these are the people who should be rewarded not the brokers, bankers, and hedge funds who constantly get bailed out.. These guy know the Fed will step in. And JP buying Bear for $2.00 is a big joke..