| ^ You changed the subject. Never mind. Better than bailing out mortgage owners who will never pay. Bear employed alot of people, and if it failed, the market would go tits up. JP bailed it out, gave the gov $1 bil, raised the buyout price and helped to steady the market. Don't forget Hooty, that may people's retirement savings are in mutual funds (ie, equities, like your Canadian RRSP). The market crashes, and well, it's the dirty 30s again, innit? |