Jump to content
Washington Football Team Logo
Extremeskins

Bear-Stearns


stoshuaj

Recommended Posts

can somebody explain, (without just yelling "but we're in a recsession and it's Bush's fault"), in laymen's terms why I should care?

They made risky business decisions which have now come to bear and they are suffering the consequence. ok, why should I want or more importantly, need the gov't to bail them out?

what am I missing?

In the early part of the 20th century an organization called the Federal Reserve Bank whose mission is to allow the continued use of counterfiet was established.

The best analogy with Bear-Sterns that I can come up with is Bear-Sterns is like a teenager whose parents give him alchohol and wonder why he crashes the car. I don't know how it might Bear-Sterns itself might directly fit you but it might show the crack in the fraud perputuated by what we call the Federal Reserve.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...