Date: 2008-04-14 07:33 pm (UTC)
I'd be more pleased with the Bear Stearns bailout if the Fed, in return for taking any potential loss, also demanded increased profit from JPM.

As it is, every time the Fed does something like this, they send a signal to aggressive bankers that they'll do it again next time, which is of questionable value.
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Just Another Idiot

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