Wednesday, May 5, 2010

BEAR STEARNS--UP IN SMOKE

BANZAI7 NEWS--Former chief executive Jimmy Cayne told a commission investigating the causes of the recent financial crisis that Bear Stearns in early 2008 “was like a big fat goose” waiting to be attacked by predators who stood to gain at the expense of Bear Stearns’ losses.
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1 comment:

  1. nswfmMay 5, 2010 at 4:43 PM

    Kind of amazing that they walked away from the Paulson deal. They had some standards....

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