Rogers: Bernanke used U.S. tax dollars to rescue BSC Bonuses...

Discussion in 'Stocks' started by ByLoSellHi, Mar 17, 2008.

  1. ...without any authority.

    If Bailout didn't happen with guarantee of Fed, bonuses would not have been paid to BSC employees.

    Roger's was going nuts on Bloomberg at about 5:30 am. I can't say I blame him.

    Roger's also screamed 'get the hell out of the dollar.' I'm not sure sure he's right about that still, though. He's been right for a while, obviously.

    Whatever happened to Schwartz's statement on Wednesday that Bear had plenty of liquidity?

    I think that qualifies as a recipe for massive litigation against Schwartz and BSC.
  2. avarus


    They weren't quite done selling their own shares yet.