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IPFS News Link • Economy - Economics USA

Bear bet that netted $270 Million throws fresh suspicion on collapse

8-14-2008 • The Independent

In a "whodunnit" that has gripped Wall Street for months, many traders and senior executives at Bear Stearns have become convinced the firm was brought down by a conspiracy of rivals and hedge funds, who spread malicious rumors and ultimate

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Reported By Powell Gammill

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1 Comments in Response to Bear bet that netted $270 Million throws fresh suspicion on collapse

Comment by Fascist Nation

Entered on: 8/14/2008 9:19:53 AM

Yea all those bad loans you were responsible for had nothing to do with it. It was the speculators who looked at your books, concluded you were a house of cards and correctly risked their money betting on your failure. Get ready to bend over and greet Leroy.

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