http://depression2.tv/d2/node/42


Instead of leting the BS investment bank go bankrupt it was sold to Chase Morgan bank for $2 a share (down $140 from 2006.)

the FTC arranged the sale. - unprecendented.

Some guy bought one billion dollars of Bear Stearns common stock yesterday. He should have gone to Vegas and bet on the big wheel.


When enough investment banks that are leveragedwith lots of sub prime derivitives fail I do not see the goverment having enough money to pay all their guarantees
The inflated sub prime derivitives and fraudulent claims made by those investment houses actually add up to more money than there is in the world including real estate values.

For that scam to go that far needed a lot of help....hmmmm who could it be?