Ben Bernanke: Socialist
Poor lending standards have led to the collapse of communities and harder times for cities, beyond Bear Stearns. Shouldn't they be getting some help too?
Poor lending standards have led to the collapse of communities and harder times for cities, beyond Bear Stearns. Shouldn't they be getting some help too?
Raymond J. Learsy | Posted 07.03.2008 | Business
In an interview with Charlie Rose, JP Morgan Chase CEO Jamie Dimon, in his engaging way, asked his audience a seemingly innocuous question: "Who among you is upset with $4 plus gasoline?"
NY Mag | Arianne Cohen | Posted 05.12.2008 | Business
Don't feel too sorry for the soon-to-be-laid-off employees at Bear Stearns: Right now they're getting paid to do nothing. "I'd say 50 percent of my de...
Charles R. Morris | Posted 04.07.2008 | Business
The acrobatics of the Bear rescue suggest the depths of the abyss that our financial leadership has dug for us. Does anyone believe that this is the last time we will hear Fed sirens wailing in the night?
David McWilliams | Posted 04.02.2008 | Business
Paulson's ideas are nothing short of a reverse "Robin Hood" scenario where the poor are being robbed to pay for the rich, so that the rich need not pay for their own mistakes.
AP | JOE BEL BRUNO | Posted 03.28.2008 | Business
NEW YORK — Bear Stearns Cos. Chairman James Cayne dumped his entire stake in the embattled investment bank for $61 million as it appears closer ...
Thomas Ferguson and Robert A. Johnson | Posted 03.27.2008 | Business
We have not seen the last bailout in this crisis. If the public is going to pay for them, as we think it must, it should also get paid back for them.
Huffington Post | Rachel Sklar | Posted 03.25.2008 | Media
Last week was a big one for news: On Monday, the markets opened to news that Bear Stearns had collapsed and was being bought out by JP Morgan; on Tues...
Jill Brooke | Posted 03.25.2008 | Business
JP Morgan CEO Jamie Dimon has called CEOs of investment banks saying that it would be "unpatriotic" to go after Bear Stearns employees until he has had first choice over who to keep and who to fire.
Anya Kamenetz | Posted 03.25.2008 | Business
We, the people, must rewrite the rules of the market, to limit environmental degradation, the unregulated speculation that has brought our financial system to the brink of ruin, and the concentration of wealth.
Henry Blodget | Posted 03.24.2008 | Business
Get ready for the Fed's next great taxpayer-funded bailout, which is now almost guaranteed: The $1+ Trillion U.S. Homeowner Rescue Plan.
Stephen H. Baum | Posted 03.21.2008 | Business
The root cause of the credit crisis is greed gone wild.
David McWilliams | Posted 03.20.2008 | Business
Bernanke -- like a good priest -- is responding to acts of contrition with the monetary equivalent of three "Hail Mary's and an Our Father." He is granting absolution all over the place.
Allison Kilkenny | Posted 03.20.2008 | Business
Corporations are above the law. In fact, elected officials rush around to accommodate them, even when it requires stealing taxpayer money to mend the damage the corporations caused in the first place.
New York Times | Andrew Ross Sorkin | Posted 03.19.2008 | Business
Bear Stearns shareholders are understandably furious about the investment bank's sale to JPMorgan Chase for about $2 a share. Now one of the largest o...
Mike Garibaldi-Frick | Posted 03.19.2008 | Business
It's time for the oil companies, corporations and banks to take responsibility and clean up their own messes.
ABC News | Russell Goldman | Posted 03.19.2008 | Business
As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...
ABC News | Russell Goldman | Posted 03.19.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
Cenk Uygur | Posted 03.18.2008 | Business
If the government is going to bail you out, then the government should be regulating you to make sure you're not going to need a bailout.
Michael Shaw | Posted 03.18.2008 | Business
Steven G. Brant | Posted 03.18.2008 | Business
Maybe when Wall Street falls back to Earth, it will be different kind of Earth -- a more humane and compassionate one -- than the one it was on before.
The Huffington Post | Posted 03.17.2008 | Business
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
Loretta Napoleoni | Posted 03.17.2008 | Business
The collapse of Carlyle Capital and the rescue of Bear Stearns signal the end of nearly two decades of easy money, cheap credit and soaring global debt.
ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
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Hale "Bonddad" Stewart | Posted 07.09.2008 | Business