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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (30937)3/14/2008 11:26:07 AM
From: elmatador  Respond to of 217704
 
Fed is writing a blank check to Bear Stearns via JP Morgan.

here in West Africa there's a word for this. It starts with 'W'.



To: Elroy Jetson who wrote (30937)3/14/2008 1:55:25 PM
From: ggamer  Read Replies (1) | Respond to of 217704
 
<Ho, ho! The Fed is writing a blank check to Bear Stearns via JP Morgan. What a scene!>

All part of the free market that we want other countries to adopt.



To: Elroy Jetson who wrote (30937)3/14/2008 5:20:05 PM
From: rotweil  Read Replies (1) | Respond to of 217704
 
Since JPM will likely take over Bear they are writing the check to JPM who I believe is the Feds biggest shareholder



To: Elroy Jetson who wrote (30937)3/14/2008 6:43:50 PM
From: TobagoJack  Respond to of 217704
 
crony capitalism
as the fed is 45% owned by jpm
which happens to be a counterparty to bear stearns
and to think, j6p not a bit wiser to the fraud where the end game is he will pick up the tab, lose his job, and lose the teachers in his kids school, even as property tax that funds the schools go up, but no matter, because when it comes to university time, he won't be able to afford it for his kids, unless he bought what his betters advised against on cnbc, gold