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Old 26-03-2008, 09:02 AM   #773 (permalink)
Hootad Binky
Thailand Expat
 
Last Online: 28-10-2009 02:50 AM
Join Date: Oct 2006
Location: West Coast Canada
Posts: 2,923
Hootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in ThailandHootad Binky has a brilliant future in Thailand
How do you feel about the Bear Stearns $29-billion bail-out that tax payers have to underwrite?

Quote:
Under the plan, the Fed will release 29 billion dollars in taxpayer funds to help support the takeover in return for 30 billion dollars worth of Bear Stearns assets, including ailing mortgage-backed securities.

AFP: JPMorgan hikes offer for Bear Stearns to over 1 bln dlrs
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