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View Full Version : Fed and Rival Bail Out Bear Stearns


mickeyfan2
03-14-2008, 06:53 PM
http://biz.yahoo.com/ap/080314/bear_stearns.html

Aliceacc
03-14-2008, 06:59 PM
Yeah, that's been on the news all afternoon.

Scary times ahead. Good for JP Morgan.

My economics background is sketchy at best. But this is big news, and I'm not terribly reassured by President Bush's comparison to a "rough roadway."

I think the road's a whole lot more torn up than that.

punkin
03-14-2008, 07:40 PM
Yeah, it's scary.

Bear Stearns is almost no more. I am sort of sad. DH used to work there many years ago...

gina2000
03-14-2008, 07:54 PM
The Bear has been around forever and has always had a great reputation.

These are scary times.