Pages

March 17, 2008

Did the Fed or crime fears pressure Bear Stearns to sell?

Brad DeLong thinks somebody or something possibly did, saying Bear’s executives may well have been worried about criminal fraud charges.

Of course, the flip side is that somebody could still prosecute them.

But, the flip side to that is, ain’t gonna happen either out of this administration, or out of Clinton, Obama or McCain. Not one of them would pull that trigger.

No comments:

Post a Comment

Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.