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

To: TobagoJack who wrote (37243)	7/16/2008 12:57:40 PM
From: Rolla Coasta	Respond to of 217709

counterpunch.org

To: TobagoJack who wrote (37243)	7/16/2008 1:07:34 PM
From: Rolla Coasta	Respond to of 217709

Looks like the system collapses faster than we think, and Bush cannot delay it. But nonetheless, he and Greenspan are laughing out loud while watching Bernanke defends his hack fund criminals in price fixing. There's absolutely NO leadership in America right now. Interesting to hear CNBC talks about "bank run" as I type !

To: TobagoJack who wrote (37243)	7/16/2008 3:28:23 PM
From: elmatador	Read Replies (3) \| Respond to of 217709

SEC Subpoenas 50 Hedge Funds In Lehman, Bear, JPM Rumor Sting. The SEC has sent subpoenas to over 50 hedge funds, requesting information regarding their roles in the collapse of Bear Stearns and the recent plunge in Lehman (LEH) shares. The SEC is demanding both trading records and email correspondences. Some funds are being examined for their roles in both debacles, while others are being investigated for their part in just one or the other. At the very least, this should produce some apparently scandalous emails and give former Bear executives more material with which to remain in denial about what really caused the failure of Bear Stearns (too much crappy debt on the books, previously destroyed credibility).