What's that you say, Mr. Potter? Bankruptcy is for suckers?

Bear Stearns & the thieving criminals who brought us Sub-Primania!(tm) join forces with the most corrupt administration in the history of the U.S.A. to
save us
Save US
SAVE US!!!!
from panic and depression!


(at least until a Democrat is in office, when what could have been contained when it was nothing more than a nasty case of financial flu mysteriously becomes economic EBOLA and the world watches as we bleed out and die on the emergency room floor.)



NYT article from Gretchen Morgenson today:
RESCUE ME: A FED BAILOUT CROSSES A LINE



one of my favorite bits (from page 2):
"Investors, already mistrusting many corporate and government leaders, were once again assured that nothing was wrong — right up until the very end. So is it any wonder investors react to every market rumor of an impending failure with the certainty that it’s true? In too many cases, the rumors turned out to be true, notwithstanding the attempts at reassurance by executives and policy makers.

Only last Monday, for example, Bear put out a press release saying, “there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.” The next day, Christopher Cox, the chairman of the Securities and Exchange Commission, said he was comfortable that the major Wall Street firms were resting on satisfactory “capital cushions.”

Three days later, it was bailout time for Bear."

My, grandmother Fed, what big eyes you have!
The better to see us through this slight downturn with, my dear.

My, grandmother Fed, what large pockets you have, and how full they are!
It's candy, I tell ya. The better to reward you with, my dear.

What a set of chompers you got on you, granny.
Those ain't teeth, you dummy; they're pillows. Put your head on 'em and you'll get the best night's sleep you'll ever have. You like sleep, don't ya kid?