1.0 link 92874 http://www.huffingtonpost.com/hale-stewart/the-pros-and-cons-of-the-_b_92874.html Last week has a historic week for the Federal Reserve. Going back to the end of the previous week we learned that one of Wall Street's oldest and most venerable investment banks was basically bankrupt. Over the weekend we learned that JP Morgan was working to buy Bear. And then we learned that JP Morgan purchased Bear for $2/share with a $30 billion guarantee from the Federal Reserve in the event some of Bear's loans were bad (which some pretty...

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