The Mudcat Café TM
Thread #109548   Message #2291390
Posted By: Jim Lad
18-Mar-08 - 04:00 AM
Thread Name: BS: There goes Bear Stearns bank
Subject: RE: BS: There goes Bear Stearns bank
I'm sure that most of you here will understand this but I'll go ahead and say it anyway.
Bailing out one major financial institution is cause for concern.
Bailing out two should evoke a deep feeling of impending doom.
Any more than that would be the equivalent of just printing more money and is less than a step away from total collapse.
Serious stuff.