User 164718

Dow at 8000 Is Not Out of the Question

Tony good luck with 14k I see it @ 10k-8k. The more air they blow into this bubble the louder it's going to pop. BSC is the first, the LEH next, JPM will probably buy out LEH as well, of course with backing from the FED's. It's all BS to me, I wouldn't put it past JPM to have started the BSC rumors themselves. It's not the first time they have done it.

Bear Stearns Buyout: Don't Panic - Initial Reactions Look Overdone

It's amazing to me to see this happen, JPM taking on BSC's risk? No the feds are taking the risk, no wait a minute we are taking the damn risk. As far as I'm concerned 2 dollars and 0 are the same thing. The company should have gone bankrupt, the markets should have crashed, and it will be the end of that story. The markets correct themselves.