Tue 2008-03-25 00:00 EDT
Interfluidity :: Counterparty of last resort?
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."
support J.P. Morgan's Topic in The Credit Debacle Catalog
support J.P. Morgan's purchase (1).