Saturday, March 15, 2008

Two Questions

  1. Isn't it odd that we are not permitted to know the amount of the bailout of Bear Stearns?
  2. What are we, schmucks on wheels?
Wait, I can answer those. The answer to question 2 is 'yes', and thus the answer to question 1 is 'no'.

UPDATE: A price has been put on the so-called bail-out, $30B. Of course the bail-out didn't save Bear Stearns, it just protects JPMorgan Chase as they pick over the wreck and try to find some value amongst the shit.


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