Government Sets a Dangerous Precedent with Lehman [View article]
Nailed it on the head. The nature of the gov't interventions in Bear, Fannie, and Freddie has created unintended consequences and made it impossible for a firm with a whiff of problems to raise capital. The ripple effects could be devastating unless the cascade can be reversed.
Who's next? AIG, MER, even C could be vulnerable to a bear raid.
Nowhere to Turn: This Bear's Different [View article]
Government Sets a Dangerous Precedent with Lehman [View article]
Who's next? AIG, MER, even C could be vulnerable to a bear raid.