Lies have short legs …

Not always … unfortunately … but Bear Stearns’s vulture popped up today

B(rainless)S(hameless)C(riminal) CEO Alan Schwartz was on CNBC LESS(!!!) than 48 hours ago stating that EVERYTHING was ok …
And now the Company is close to being history … WHAT A JOKE …

I hope this guy gets prison time and no parachute as the other LIERS got …

FED injected money via JPMorgan … now rumours are, that JP might buy Bear Stearns … but … Take care … TOXIC WASTE!!!

Rating agencies … cut Bear to BBB … RIDICULOUS bunch of ret**ds

Markets already looks out for the next possible victim … price performance and options point the finger at LEHMAN …
DOMINO anybody???

MAYDAY BEN Start your helicopters … market expects now NO LESS than 100bps cut next week … guys still live on GREED.

And still they don’t get the problem …

btw … Consumer confidence hit a 16-YEAR-LOW …

And still the market does not give up …

Over Confidence? Control Illusion? Selective Perception?

ALL OF THAT???

Or just still absolute DENIAL???

We will find out

Tags: Bear Stearns, Bernanke, FED, JPMorgan, rating agencies

This entry was posted on Freitag, März 14th, 2008 at 22:06 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.