Bear Stearns

Perino on Bailing Out Bear Stearns - Lots of Carrots, Where's the Stick?

Has Dana Perino, mouthpiece for President George W. Bush, even looked at Operation Lifeline or HOPE NOW? In response to what the Bush administration was going to do for the little guy, after keeping Bear Stearns alive with a $30 billion low interest loan to JP Morgan Chase to acquire the firm and keep it afloat, said:

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