Mathman Prophecy

Wall Street Breakfast: Must-Know News

SEC is investigating 'false rumors' -- isn't that an oxymoron? Besides, rumors are inherently dubious, and should not be taken at face value.

Still, it's a common fact that Bear Stearns collapsed because it was a horrible counter party that refused and negotiated liquidity requests. As a result of their subpar business practices, no one wanted to do business with them and demanded their money, which was the final nail in the coffin.