Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (54214)	3/17/2008 12:44:59 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 542788

Bob; I doubt the shareholders or employees of Bear Sterns feel like they have been bailed out Of course not. The working man was not bailed out - but management was. IOW, those heroes that drove the ship onto the rocks still have a job instead of just letting Bear go bankrupt. The real damage is NOT to the shareholders or workers but the strength of our dollar. If the American people are expected to guarantee these reckless tactics and funds - then the American taxpayer should also be rewarded. That is NOT what is happening. This is about as far from capitalism as one can get - "we'll do this for the benefit of the State". steve