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Many have criticized the Feds actions with regard to Bear Stearns.
Apr 06 08:48 am
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All Comments by retrace »Backroom Bear Stearns Deal Exposed [View article]
For once it would be nice to see those that criticize put forth an
"alternative plan" that lends credence to their argument against the Fed's actions.
If allowing Bear Stearns to fail is the alternative, than please give a hypothetical outcome of allowing the failure, based on the financial instability of the world markets on Mar. 15-16 2008.