3 ms·
Maybe. But the banks have a relentlessly resourceful profit motive. More likely, the regulators were more keen to hang them out to dry for not cooperating with
by falsestprophet 18y ago
Maybe. But the banks have a relentlessly resourceful profit motive. More likely, the regulators were more keen to hang them out to dry for not cooperating with LTCM.
Also, Bear Stearns always was a much smaller and weaker institution. Maybe they simply couldn't afford the risk then and now.