More shenanigan: US taxpayers pay for Bear Stearns 10$ a share

Shouldn’t the American public be upset about taxpayer money being used for Wall Street bailout

As part of the deal the Fed gives JPMorgan $30 billion worth of guarantees for Bear’s toxic loans – just in case if toxic crap on their books is actually toxic.

I don’t know but US taxpayers need to think about this. Maybe this is not right.

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