"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
Or else Bear does a bk. The contenders are JPMorgan and J.C. Flowers. The stress level at Bear among executives whose life savings is tied up in the company’s stock was palpable Saturday as the meetings to determine the value…
Naked Capitalism details the multiple reasons for the collapse, the precipitating event being rumors of financial problems at Bear caused massive withdrawals of cash by hedge funds and other institutions. Did others deliberately push Bear and that Carlyle hedge fund…
Wall Street investment bank Bear Stearns received emergency 28 day funding today from JP Morgan and the NY Fed. BSC cratered on the news and closed at 30, down 27 points, a whopping 47% drop in just one day. Reports…