Mon 2008-03-31 00:00 EDT
"Protecting the bondholders of investment banks is not an efficient way to help homeowners."
2008; Bear Stearns Deal; Congress; Hussman Funds; Investors; March 31; understanding; weekly market comments.
Thu 2008-03-27 00:00 EDT
Wed 2008-03-26 00:00 EDT
"Bear Stearns bailout as the high water mark of free market capitalist ideology."
Free Market Capitalism Just Passed; naked capitalism; peak; Wolf.
Tue 2008-03-25 00:00 EDT
Fed "loan" "to support J.P. Morgan's purchase of Bear Stearns...not a loan at all. The Fed and J.P. Morgan are creating an investment fund, to be managed by BlackRock."
Tue 2008-03-25 00:00 EDT
Tue 2008-03-25 00:00 EDT
"this deal still stinks to high heavens...Not only were existing shareholders deprived of rights to reject the deal, JP Morgan and the bondholders should be the ones taking risk, not the Fed and not taxpayers."
Bear Stearns; Debate; Hussman; Mauldin; Mish's Global Economic Trend Analysis.
Tue 2008-03-25 00:00 EDT
How ghosts vote on Bear Stearns, by Steven M. Davidioff - International Herald Tribune; "A class of stakeholders in Bear Stearns with economic interests that differ from the shareholders' can use derivatives to ensure that their needs are met. In the process, shareholders are left holding the nearly empty bag, and regulators are left shaking their heads."
Mon 2008-03-24 00:00 EDT
"unelected bureaucrats went beyond their legal mandates, delivered a windfall to a single private company at public expense, entered agreements that violate the the public trust, and created a situation where even if the bureaucratic malfeasance stands, the shareholders of Bear Stearns will either reject the deal or be deprived of their right to determine the fate of the company they own"
2; 6; Bear Stearns trade; Hussman Funds; weekly market comments.
Sun 2008-03-23 00:00 EDT
Bear Stearns to axe 8,000 staff, by Richard Wachman | Business | The Observer
Fri 2008-03-21 00:00 EDT
1. to crash, to collapse, to plummit, to fail; 2. The rapid loss of confidence in one's capabilities from one's traditionally supportive network of friends, customers, etc. 3. Buying an item and then realizing a week later it is worth 3.33% of what you paid for it.
Tue 2008-03-18 00:00 EDT
Winter (Economic & Market) Watch >> Sharks in Suits Black Box Crony Capitalism; Bear Stearns death watch; "These are not bail outs...These are systematic looting operations."
economic; Market; Sharks; Suits Black Box Crony Capitalism; watch; winter.
Mon 2008-03-17 00:00 EDT
Tue 2007-12-04 00:00 EST
The Citadel Discount: Armageddon Scenario For Three Banks; E*trade/Citadel CDO pricing at 27 cents blows up Morgan Stanley, Goldman Sachs, and Bear Stearns
