2008-04-06nakedcapitalism.com

'While there have been dark mutterings about how Bear shareholders were cheated in the sale of the firm to JP Morgan, I don't have much sympathy for that view. ,..., What does have me agitated (and this blogger prefers to stay detached) is the Fed's $29 billion subsidy to JP Morgan's purchase of Bear and the utter lack of candor and accountability about it.'



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