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..

U.S. No Longer Epicenter of the Financial World

$2.00 a share for Bear, what a joke.. Bear should have just filed for bankruptcy instead of letting the Fed and JP Morgan make a deal like this.. There will be lots of law suits to follow - not that they will do any good.. I agree, how about bailing out Main Street instead of Wall Street.

Did the Fed's Move Prevent a Stock Market Panic?

Felix - do you seriously think the Fed is bailing out 'mom and pop' on Main Street.. My bet is that mom and pop are still trying to pay for their food and gas..