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Bear Stearns Posts $854 Million 4Q Loss On Write Downs
Posted by
jaydasree
987 days ago
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http://money.cnn.com
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business
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subprime
write downs
traders
banks
Bear Stearns posts first quarterly loss in its 84-year history. $1.9 billion write down of mortgage assets and reveals traders made many bad trades o
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US Federal Reserve’s subprime regulations shield Wall Street banks
Posted by
alanwellspun
987 days ago
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http://www.wsws.org
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business
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subprime
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Fed,Congress and agencies didn't regulate mortgage lending since they were "beholden" to the financial elite.
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Barclays vs. Bear Stearns: Fraud or poor risk assessment? - BloggingStocks
Posted by
alanwellspun
987 days ago
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http://www.bloggingstocks.com
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business
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cdo
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Accessible article explaining Barclays claim that Bear Stearns covered up losses and tried to use the Everquest IPO to dump dodgy CDO's
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YouTube - Congressman Explains Hijacking of the US Economy by the Federal Reserve & Treasury
Posted by
crikey
568 days ago
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http://www.youtube.com
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market
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bailout
stimulus
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Kanjorski says US 3 hours from complete economic collapse due to run on money market funds. Fed didn't have enough money to buy toxic assets
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Latest Comments
He says if they hadn't acted "by two o'clock that afternoon, $5.5...
I always check credit ratings before I make a decision...
This won't tackle the lack of deals or reluctance of lenders to refinance...
At least Bernanke was clear about what they believed - even if they're...
Fed sees more risk to the downside BUT doesn't realize that there's enough...
Writedowns are MORE than $18 billion. In the release they reveal U.S....
Dont see how they were all owned by the "elites", anyway dont...
Don't worry still plenty more costs to be "exposed", fallout is...
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