Isn't it great that we live in one big, happy country with middle class tax-dollar subsidized inequality favoring the rich and well placed despite their flawed performance and incompetence????

Cake anyone???

The morons at Bear Stearns couldn't sharpen a pencil correctly.

And yet, they're still "helping" to ru(i)n our economy.

Go figure.

Cripes on a cracker!

ONLY in BOOOsh America. Grrrrrrrrrrrr.

So let's see - they take the people who were in charge of running a company into the ground - and they put those same people in charge of their company - just wonderful...................

MORE CRIMINALS GETTING RICH!since bush has been in office.the top 1% of americans earned 21% of american income, an increase of $750 million per household earning $1.2 trillion more this year alone..... while the bottom 50% of americans earned only 12% , meanwhile the middle class is now the working poor............ only once in american history has that happened before and at that was the period prior to the great depression. furthermore, america is the only industrialized nation without nationalized healthcare. the biggest lobbyist against nationalized healthcare is the pharmaceutical industry. america now has, more people in prison per capita than any other nation in the world, the biggest lobbyist for longer prison terms on non-violent crimes is the prison industry itself.. generating up t0 $50000 per inmate

IT IS TIME TO OBLISH THE FEDERAL RESERVE SYSTEM, RETURN THE LEGAL CONSTITUTIONAL RIGHT (Article 2 section 8) TO CONGRESS TO PRINT US MONEY AND ALLOW BANKS TO FEND AND COMPETE IN A FREE OPEN MARKET, after we break up the financial monopolies like the 12 FED member banks like JP Morgan Chase that have been robbing their investors and Tax payers as 'Last Resort' bailout suckers for failing FED associate banks.

Americans have been supporting the FED with their tax dollars while the FED continues to orchestrate Sub-Prime loans to steal homes and throw the nation in a depression and then FED Chairman Berneke infuses $240 billion counterfeit dollars into the monetary system to prolong the Depression which is going into a fourth quarter, and inflaming an already out of control inflation that is in the 60 percentile bracket for food consumers that hurt the poorest the most and further weakening the the dollar and creating larger more powerful financial consortiums like JP Morgan Chase and allowing them to virtually steal the oldest banking investment institution Bear Stearns that survived the Great Depression of 1929.

Are Americans suicidal, stupid or just blind to the hidden enemy that finances wars with our Trillion dollar dept and unashamedly blames the natural cycle of the economy. Abolish the FED and allow banking to return to a government regulated interest rate ceilings like pre 1970's and let the financial market correct itself the way it has done for hundreds of years.

Well, at least our tax dollars are being put to good use! We certainly wouldn't want our money to go to those stupid, greedy homeowners who were scammed into disastrous sub-prime loans, hawked unashamedly by these Wall Street con artists in suits, would we?

It seems the motto of this regime is, "The rich shall never suffer on our watch!"

I dont think this was pre-arranged, but it has turned into the sweetest , no oversight and quickest merger deal in the history of mergers. The big just keep on getting bigger. Im sure many will take notice and want to try similar types of mergers. If it appears to be a company in trouble, the feds will bend over backwards and look the other way on certain details that otherwise would go under months of scrutiny.
Like what 911 did for Neo Nazi Con power, BS failure will do for corporate mega mergers , I am sorry to suspect.
As usual. I just want to be proven wrong.
That doesnt mean told Im wrong, I want proof.

Good thinking - Hire them that got you the company due to their bad advice.
It's only the honest 'little people' who are facing extinction.

Well, obviously. I mean, why wouldn't JPMC want some of the people who have the creativity to invent new financial instruments of destruction? Beside, this way they don't get to squeal.

"JP Morgan Placing Senior Bear Stearns Staff In Its Upper Ranks" -

Goodbye JPMorgan, no bailout for you

Uh...why?

Aren't these the same incompetants that put Bear Sterns into bankruptcy in the first place? Why keep the morons?

Got to keep the skeltons in the closet someway.

Wonder if they'll get bonus plans like the one that the executive from Countrywide Mortgage got? He ruins his company who gets "rescued" by Bank of America, and Bank of America rewards him with a multi-million dollar deal to run their mortgage operations. We should no longer call these people "business people", they have officially earned their titles as "barons".

Huh imagine that.. the captain and first mate of the ship that rammed into an iceberg get rescued and given ranking positions on a newer bigger vessel all the while their underlings and passengers sink to the bottom of the sea.

So the fat cats get jobs and benefits and the little guys lose their jobs and their retirement. Of course the homeowners end up homeless. It's another form of "Let them eat cake." Those fat cats should go to jail. This is shameless.