Bankers and Wall Street have been laughingly referring to Bernanke as "Kristen" because he is their high priced whore. Did you really write "This is not a bailout" and "Yes, tax-payers may eventually have to cover a few billion here or there on the Bear action" just a few lines apart (where did you go to school?)
You want a rescue? Fine, we want a payback to the taxpayers in terms of future gains. These executives reaped huge benefits all the way up - and you want us all to pay them on the way down so they can repeat the cycle again. It is grossly unfair... and you know it.
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Latest | Highest ratedLet's Get Real About Bear Stearns [View article]
You want a rescue? Fine, we want a payback to the taxpayers in terms of future gains. These executives reaped huge benefits all the way up - and you want us all to pay them on the way down so they can repeat the cycle again. It is grossly unfair... and you know it.