Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Ten Years After The Bear Stearns Bailout, Nobody Thinks It Would Happen Again
FYI: Key players have spent the last decade arguing about what was done, defending past decisions and wondering how such a crisis would play out today. A major investment bank careens toward bankruptcy. It has $400 billion in assets, 85 years of history and deep ties to every major bank on Wall Street. As word of its troubles spreads, a run begins, sending its stock plummeting. Regards, Ted http://www.cetusnews.com/business/Ten-Years-After-the-Bear-Stearns-Bailout--Nobody-Thinks-It-Would-Happen-Again.ByXCbQYSYz.html
