Why does Bear Stearns need a government bailout?

I look forward to the day when an oil and gas company gets bailed out.

So, gigantic salaries and perks for all the top boys, and now a government bailout.
Seems fair.
Not.

How about a fire sale of executive assets to prop them up, before we start using money from people who can never hope to earn that much in a lifetime?

Every day It is another one?

let em go like the housing market.
they are part of the bad home loan problem we are all paying for.

Maybe I could get a government bailout for my bad decisions too! Like that time share. Hey government, I was dumb, give me money!

How long can we,the tax payer, to bail out greedy banks,lenders,stockbrokers,etc. Bear Stears probably payed out hugh bonus to it's employees and now we have to bail them out to save our economy. Where are our Fed's when we need them?????????

Let um sink with the other ships who had lousy navigation and a greedy captain who slept at the helm.

Let Bear Stearns go down........No Bailout !!

Sell it off.......Give the Execs a choice give back all the compensation, they did not earn, No reward for lack of manangement.......or Jail time!

Its bad enough we had to go for years on end reading all the headlines about how big the bonus's were on wall street, and how expensive the art was they were purchasing, and how big the yachts were. yada yada. LOL, now they not even making them sweat this out before they plow them with our hard earned tax dollars. Isn't it common sense that asset prices across the board must come to down to their fair values? Isn't that what creates a bottom? Just like prices must get overblown before they peak. Uhh, didn't we learn that in 9th grade economics? All these hotshot superstar Ivy leaguers are getting showered with money right out of school and they led us into the HUGE finaincial mess. Too funny. And the Irony of it all is that the ONE man who could really neutralize these slimebags on wall street is completely out of the picture. SO, do we bring back the Spitz master to take the gloves off? No one can deny he is a brilliant prosecutor, and knows how to play Wall Street's game!

I have heard that other banks have cut Bear off. No one is trading with them, and no one is doing anymore financing for them. They are screwed.

Good.

I hope the rest of the street cuts them off at the knees.

Bear Stearns was a mismanaged company that deserves to die a sudden and very public death.

They leveraged themselves to the hilt, and made money as long as the market was moving up. The firm was pretty smug about it. Wall Street Geniuses.

Maybe this will wipe that smug little expression off the face of the company.

Wish the banks would quit opening satelite banks. To many!

What happened to savings, the stuff companys should have put back from all the millions they made ripping people off with the trades and deals they made in the past years......yes bought the big boats, big party's and the big houses. make the suckers sell the company percks and put back into the company and then cut all pay to the execs. then check to see if they are still hurting or not.It's time to cut back, not only the american people but also these over payed gurues, who are over payed.

Hey, great news. I own a business that is suffering tremendously due to the down turn in building and the housing industry. Where do I sign up to get my bail out? If BS gets one, why not me?