main businesses included capital markets (equities and fixed income), investment banking, wealth management, and prime brokerage clearing services.
Retail banking and commercial banking are critical, Bear Stearns engaged in none of them. It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris
The people who own it all, of course. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
Why? Because the wealthy pay for elections in Amerika, every part of them which count. Nil aon leigheas ar an ngra ach posadh
The previous owners got kicked out and they are not happy.
The guy may have done a lot of econometrics, but he has never read sun tzu. Pierre
