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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: Riskmgmt who wrote (40070)9/18/2008 10:49:11 AM
From: elmatador  Read Replies (1) of 217901
 
MS bought Bear Stearns and itself is in trouble? Doesn't that strike anyone as wayo?

Imagine a bad swimmer jumping into a lake to save a drowning 150Kg fat guy. Recipe for both to sunk together.

I believe it was a trick to give the system a impression of solidity. That there were healthy institutions able to save the sick ones. But it was just playing for time.
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