Bear Stearns...

IdleRich

IdleRich
"And what's going on with Freddie & Fannie?"
Similar to Northern Rock I think although on a bigger scale of course. Any material differences that I should be aware of?

"And has anyone seen this badman respond? Pretty tasty right now:"
How does this work?
 

vimothy

yurp
Not at all sure -- I think it's just an ETF that indexes the Dow Jones Financials and shorts it? -- but by the look of things, they've got it pretty sorted:

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Similar to Northern Rock I think although on a bigger scale of course. Any material differences that I should be aware of?

Not sure. Yves Smith's been posting lots of interesting stuff about it. Lemme see what I can find...
 
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