Replies

To: Toddsterpatriot

It’s a semantic quibble. They bailed out the bond-holders, not the shareholders.

19 posted on 04/09/2008 7:46:51 AM PDT by The Old Hoosier (Right makes might)

To: The Old Hoosier

They bailed out the bond-holders, not the shareholders.

The bond holders are not Bear Stearns. If the firm was liquidated the bond holders wouldn't have received their money back? How do you know?

24 posted on 04/09/2008 7:51:30 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)

To: The Old Hoosier

The bond holders won't get any money from the Fed.

25 posted on 04/09/2008 7:52:07 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)

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