Economics

[havenne]

    I've been reading the financial news, lately.  I think I would have to hide under a rock or only look at the weather page to avoid the business side of current events but, who's counting.  Subprime lending?  Bundled securities? Double-priced commodity trading?  Hel, I can't even figure out how 'futures' work, or what makes anyone think that

Comments

[dragonmyass]

I was listening to a talk radio show the other day and you wouldn't believe the amount of extremely wealthy investors who lost almost everything (well they're still left with millions - but try losing billions, ouch), with Bear Stearns. In fact, the man who was running the company was away at a bridge match when things went south for the company and he lost his shirt and a lot more

[havenne]

I hunted up a link for an article on who lost money in Bear-Stearns