Bear Stearns Bailout

"Too Big to Fail" Vs. "Too Big to Be Responsible"

Ryan Mack | Posted 09.22.2008 | Business

Read More: US Economy, U.S. Economy, Corporate Responsibility, FInancial Markets, Corporate America, Corporations, Weak Economy, Financials, Economy, Financial Crisis, Corporate Greed, Bear Sterns, Bankruptcy, Pension Benefit Guarantee Corporation, Tax Breaks, James Cayne, Business Ethics, Bear Stearns Bailout, Bailout, FHA Loans, Financial Ethics, Pbgc, Business News
Ryan Mack

I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.

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Financial Bailout = Patriot Act Redux: Under Cover of Crisis, the Republic is Lost

Pete Cenedella | Posted 09.22.2008 | Business

Read More: Chuck Schumer, 2008 Elections, No Blank Check, Depression, Usa Patriot Act, Paulson, The New York Times, Economic Crisis, Obama, Chris Dodd, Democratic Party, Democrats, 2008 Election, Recession, Barack Obama, Charles Schumer, Henry Paulson Plan, Mainstream Media, Patriot Act, Bailout, FInancial Markets, Bernanke, Henry Paulson, Financial Crisis, New York Times, Ben Bernanke, John Ashcroft, Bear Stearns Bailout, Treasury Secretary, Wall Street Crisis, Wall Street, Business News
Pete Cenedella

Forgive me if I smell a similar attempt by the Republicans to ram a lopsided, ready-made and offensive prescription down the throats of the American people under the cover of crisis.

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Don't Bum Rush a Bad Deal

Charlie Cray | Posted 09.22.2008 | Business

Read More: Henry Paulson, Banks, CEO Pay, Mccain, Obama, Bear Stearns Bailout, Derivatives, Wall Street Crisis, Economic Crisis, Economy, Business News
Charlie Cray

They're talking about pushing through the largest bailout in history without any hearings. No time to debate the issues. Just ram it through. That says a lot by itself. Shock doctrine, anyone?

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Sweetening the Trillion Dollar Bailout

Sasha Abramsky | Posted 09.22.2008 | Politics

Read More: Trillion Dollar Bailout, Political Crisis, Mortgages, Unemployment, Nationalization, Subprime Mortgages, Public Housing, Financial System Bailout, Bear Stearns Bailout, Bailout, Inflation, Fannie Mae Freddie Mac Bailout, Capitalism, Housing Crisis, Politics News
Sasha Abramsky

It's been said so many times this week, it hardly needs restating, but I'll restate it anyway: the financial collapse we're in the middle of, and the ...

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Republicans Prefer Fiction

Christopher Fink | Posted 09.19.2008 | Home

Read More: Lies, John McCain, Bear Stearns Bailout, Bailout, Lehman Brothers, Economy, Stock Market, Fannie Mae Freddie Mac Bailout, GOP 2008, Recession, Republicans, Foreclosure Crisis, Home News
Christopher Fink

When the financial crisis hit this week, the media swiftly declared that dealing with such a reality helped Obama and the Democrats. McCain was on the defensive because actual issues, such as the economy, had taken the spotlight away from pigs with lipstick.

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Socialism: Brought to You by the Republican Party

Donnie Fowler | Posted 09.17.2008 | Business

Read More: Aig, John McCain, Bear Stearns Bailout, Economy, George W. Bush, Fannie Mae, Socialism, Capitalism, Barack Obama, Business News
Donnie Fowler

Why won't anyone (anyone!) among our nation's leaders call this government bailout business what it is -- corporate socialism?

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The Ghosts of Greed Resurrected: Bailout Pirates Raid the US Treasury Again

Major R. Owens | Posted 07.22.2008 | Business

Read More: Mortgage Lenders, Congress, Fannie Mae Bailout, Freddie Mac, Bear Stearns Bailout, Freddie Mac Bailout, Fannie Mae, Bear Stearns, Fannie Mae Freddie Mac Bailout, Fannie Mae Freddie Mac Lobbying, Ponzi Scheme, Business News
Major R. Owens

Those who insist that the Fannie Mae and Freddie Mac are "too big to fail" must also vote to accommodate the millions of shelter seeking families who are too desperate and too numerous for Congress to fail them.

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Fannie and Freddie's Rich Uncle

Paul Peete | Posted 07.16.2008 | Business

Read More: Phil Gramm, Fannie Mae, Mccain, Freddie Mac, Mission Accomplished, Bush, Economy, Bear Stearns Bailout, Bear Stearns, Business News
Paul Peete

Those Republicans hate big government but love big bailouts, like Bear Stearns and Fannie Mae. And the help comes fast too, unless you are needy people, like the New Orleans Katrina crowd.

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Freddie and Fannie: Republican victims

Diane Francis | Posted 07.15.2008 | Business

Read More: Mortgage Lending Sector, George Bush, Sub-Prime, Housing, Investment Banks, U.S. Treasury, Fannie Mae, Eliot Spitzer, Real Estate Sector, Fraud, Mortgages, Fannie Mae Bailout, Freddie Mac, Bear Stearns Bailout, Wall Street, Economy, Rrepublicans, Business News
Diane Francis

The announcement on Sunday that the Fed and U.S. Treasury will backstop these two financial intermediaries is an entirely predictable, latter-day outcome as a result of cowboy capitalism.

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Ben Bernanke: Socialist

Hale "Bonddad" Stewart | Posted 07.09.2008 | Business

Read More: Economy, Bernanke Socialism, U.S. Economy, Bear Stearns and JPMorgan Chase, Bear Stearns Bailout, Bernanke Bear Stearns Rescue, Ben Bernanke, Bear Stearns, Business News
Hale

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?

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My Conversation with Jamie Dimon

Charlie Rose | Posted 07.07.2008 | Business

Read More: JP Morgan Chase, Bear Stearns, Jamie Dimon, Bear Stearns Bailout, Charlie Rose, Business News
Charlie Rose

2008-07-07-crose.jpg I recently spoke with Jamie Dimon, Chairman and CEO of JPMorgan Chase about the Bear Stearns buyout, which many argue prevented chaos from spreading across the global market.

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Thanks for the Apology, Jimmy, But Bear Stearns Death Wasn't An Act of God

Henry Blodget | Posted 05.30.2008 | Business

Read More: Bear Stearns, Bear Stearns Collapse, Bear Stearns Bailout, Business News
Henry Blodget

Many analysts had been shouting from rooftops for years that the housing bubble was a disaster in the making. Bear Stearns, like many other Wall Street firms, chose to ignore this view.

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At Bear, Jimmy Cayne's Apology Met With Silence

New York Times | Posted 05.30.2008 | Business

Read More: Bear Stearns Purhcase, Bear Stearns Bailout, Alan D. Schwartz, Bear Stearns, Jimmy Cayne, James Cayne, Business News

Mr. Cayne, on his second to last day as chairman of Bear, presided over the meeting at the firm's auditorium, which was filled with more than 400 empl...

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Bear Stearns shareholders OK buyout by JPMorgan

AP | MADLEN READ and JOE BEL BRUNO | Posted 05.29.2008 | Business

Read More: Bear Stears, JP Morgan, Bear Stearns Bailout, Business News

NEW YORK — Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbl...

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Bernanke and Greenspan Live in the Bates Motel

Max Keiser | Posted 04.10.2008 | Business

Read More: Alfred Hitchcock, Bear Stearns Bailout, Psycho, Inflation, Dollar, Bernanke, Bono, Greenspan, U.S. Economy, Economy, Federal Reserve, Ben Bernanke, Paul Volcker, Ponzi Scheme, Business News
Max Keiser

If you want to understand why the US dollar is doomed and what drives current Fed policy, keep in mind Hitchcock's Psycho, but with financial derivatives instead of carving knifes.

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Time to Buy Gold Bars?

Charles R. Morris | Posted 04.07.2008 | Business

Read More: Bear Stearns Purhcase, Bear Stearns and JPMorgan Chase, Bear Stearns Collapse, Bear Stearns, Ben Bernanke, Bear Stearns Bailout, Bear Stearns CEO, Business News
Charles R. Morris

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?

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Support the Economy, Push the Banks

Neil Grossman | Posted 04.04.2008 | Business

Read More: Finance, Economics, Business, Markets, U.S. Economy, Bear Stearns Bailout, Economy, Federal Reserve, Bear Stearns Collapse, Bear Stearns, Business News
Neil Grossman

If I were in the Fed's shoes, I would try to persuade financial institutions to retain employees (actually insist), even at the expense of reducing earnings.

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Funny Money

David McWilliams | Posted 04.02.2008 | Business

Read More: US Economy, Bush Economy, U.S. Economy, Bear Stearns and JPMorgan Chase, Hank Paulson, Wall Street, Bailout, Bear Stearns Bailout, Economy, Subprime Bailout, Recession Fears, Henry Paulson, Bear Stearns Collapse, Bear Stearns, Recession, Ponzi Scheme, Business News
David McWilliams

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.

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Effort to Save Bear Stearns Must be Matched by Effort to Save Homeowners

Sen. Robert Menendez | Posted 04.02.2008 | Politics

Read More: Subprime Crisis, Housing Market, Subprime Mortgages, Bear Stearns Bailout, Subprime Mortgage Crisis, Bear Stearns Buyout, Foreclosure, Bear Stearns, Housing Crisis, Politics News
Sen. Robert Menendez

A full year into the subprime mortgage crisis, the administration has done nothing but hit the snooze button as 20,000 Americans watch their dreams of homeownership go up in smoke every week.

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Bear Skin: How the New York Times Scooped the Wall Street Journal

Yvette Kantrow | Posted 03.31.2008 | Media

Read More: The Audit, New York Times, Bear Stearns Collapse, Bear Stearns Bailout, Wall Street Journal, Columbia Journalism Review, Media News
Yvette Kantrow

The WSJ's front page Monday was starkly devoid of any Bear Stearns news, as was the rest of the paper. The omission was glaring, given how effectively the WSJ had covered Bear the previous week.

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The Global Impact of the Subprime Crisis

Alec Baldwin | Posted 03.27.2008 | Business

Read More: Layoffs, Investment Banks, Bear Stears, U.S. Economy, JP Morgan, Subprime Mortgages, Bear Stearns Bailout, Subprime Mortgage Crisis, Factory Workers, Governments, Subprime Loans, Bailout, Economy, Business News
Alec Baldwin

Is it now true that the only way the US can maintain its standard of living is by exporting bogus wars and bad debt to foreign countries?

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Britney and the Bear: Who Says You Can't Get Good Help Anymore?

Thomas Ferguson and Robert A. Johnson | Posted 03.27.2008 | Business

Read More: Bear Stearns Purhcase, Bear Stearns and JPMorgan Chase, Bernanke Fed, Bear Stearns Bailout, Wall Street, Bear Stearns Buyout, Fed Cut, Federal Reserve, Bear Stearns Collapse, Ben Bernanke, Bear Stearns, Fed Rate Cut, Business News
Thomas Ferguson and Robert A. Johnson

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.

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More Government Bailouts May Be on Way

AP | TOM RAUM | Posted 03.27.2008 | Business

Read More: Layoffs, Bear Stears, Investment Banks, U.S. Economy, JP Morgan, Bear Stearns Bailout, Factory Workers, Governments, Bailout, Economy, Business News

WASHINGTON — The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters ar...

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Exclusive: Bear Stearns Employees Already Financially Raped, Now Possibly Enslaved

Jill Brooke | Posted 03.25.2008 | Business

Read More: Bear Stearns Purhcase, Treasury Department, JPMorgan Chase, Bear Stearns and JPMorgan Chase, Bear Stearns Bailout, Joe Evangelisti, Bear Stearns Buyout, Jamie Dimon, Bear Stearns, Bear Stearns Collapse, Bear Stearns Treasury Department, Business News
Jill Brooke

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.

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What I Said On Larry King Live

Anya Kamenetz | Posted 03.25.2008 | Business

Read More: Cnn, Larry King, Climate Change, Economy, Media, Depression, Recession, Wolf Blitzer, Debt, U.S. Economy, Larry King LIve, Bush Economy, Bear Stearns and JPMorgan Chase, Bear Stearns Bailout, Bear Stearns, Bear Stearns Collapse, Personal Finance, Business News
Anya Kamenetz

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.

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