Yourdeadmeat69 (March 17, 2008 at 3:23 am)

Here's YOUR emergency funding: For individuals-the Fix is: allow actual stock and real estate losses over 3 years amortized from Fed Tax for individuals. It's only 25-30 cents on the dollar in your pocket, but sure would pump liquidity back into folks accounts over time.Restrict to up to $250K joint income.This is not hard to really goose the market in every place but the financials.At least two legs on this stool would be propped up. The other, Bernanke and rates.1% overnight.

HanzouMasamori (March 17, 2008 at 12:26 am)

Support the abolishment of the Federal Reserve!! Contact your local official, you can use this site's form- pretty easy and quick to do.htt p://ww w.capwiz.c om/jbs/issues/alert/?alertid=10887821

ofInterestNZ (March 16, 2008 at 9:27 pm)

This is a stunning piece of news. It essentially says that fear and panic rule on Wall St right now. Wall St fell sharply and Bear Stearns' shares fell 50%. This shows just how worrying the global credit crunch has become. It has already increased New Zealand fixed mortgage rates by around half a percentage point. As global investors become more nervous, they are demanding higher interest rates to compensate for the risk.

Paetaor (March 16, 2008 at 11:42 am)

The bosses didn't screw anything up. They got the money and now are having more printed to fill in the gaps.These banks run the Government the Government doesn't run them. These guys have billions invested in other currencies to cushion themselves from the fall.

Joyriser (March 15, 2008 at 3:41 pm)

Bear Stearns are in the privileged position of making money from money and they cant even get that right! You know why because the greedy F%$£*!s have been part of a system paying fat bonuses to people who have never done a fair days work in their lives!We are paying for this need for confidence in the financial system.Wake up sheeple!

sexylatino03 (March 15, 2008 at 2:50 am)

that suck but is true

shnaaarf (March 15, 2008 at 2:42 am)

YEAP!

johnnyLiberty1776 (March 14, 2008 at 10:17 pm)

The Dollar is falling fast! get ready for the crash!