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The Worldly Investor

Thursday, July 31, 2008. The Incredibly Clumsy Hands of Government. Great The Fed is riding to the rescue of the banking sector once again. This is not the first time we've seen this. The Fed helped pull out Bear Stearns from the jaws of bankruptcy a couple of months ago. And now it is providing the investment banks with more emergency cash and loans. Do these banks deserve the largesse of the government? They've been incredibly reckless in how they've managed risk and generated past revenues. Has the oi...

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Thursday, July 31, 2008. The Incredibly Clumsy Hands of Government. Great The Fed is riding to the rescue of the banking sector once again. This is not the first time we've seen this. The Fed helped pull out Bear Stearns from the jaws of bankruptcy a couple of months ago. And now it is providing the investment banks with more emergency cash and loans. Do these banks deserve the largesse of the government? They've been incredibly reckless in how they've managed risk and generated past revenues. Has the oi...
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The Worldly Investor | theworldlyinvestor.blogspot.com Reviews

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Thursday, July 31, 2008. The Incredibly Clumsy Hands of Government. Great The Fed is riding to the rescue of the banking sector once again. This is not the first time we've seen this. The Fed helped pull out Bear Stearns from the jaws of bankruptcy a couple of months ago. And now it is providing the investment banks with more emergency cash and loans. Do these banks deserve the largesse of the government? They've been incredibly reckless in how they've managed risk and generated past revenues. Has the oi...

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