Fed and Rival Bail Out Bear Stearns

Discussion in 'Budget Board' started by mickeyfan2, Mar 14, 2008.

  1. mickeyfan2

    mickeyfan2 DIS Veteran

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  2. Aliceacc

    Aliceacc DIS Veteran

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    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.
     
  3. punkin

    punkin <font color=purple>Went through pain just to look

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    Yeah, it's scary.

    Bear Stearns is almost no more. I am sort of sad. DH used to work there many years ago...
     
  4. gina2000

    gina2000 anonymous

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    The Bear has been around forever and has always had a great reputation.

    These are scary times.
     

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