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IPFS News Link • Economy - Economics USA

Bear Bailout: Is No One Too Small to Fail?

03-15-2008 • www.nakedcapitalism.com

First Countrywide, now Bear. Why did the Fed not let Bear collapse? You can attribute it to the Fed's tendency to take responsibility for problems it can't and shouldn't fix, but this one is a trickier call than Countrywide.

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Reported By Ernest Hancock

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Bear Bailout: Is No One Too Small to Fail?

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