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Oud 18 maart 2008, 14:11   #242
Johan Bollen
Secretaris-Generaal VN
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Geregistreerd: 11 januari 2008
Locatie: La Paz - Lanaken
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Mischien helpt dit wat licht te werpen. http://www.prudentbear.com/index.php/BearsLairHome

waarin Hutchinson o.a. zegt:

The Bear Stearns intervention on Friday was a first symptom of what we can expect. (The Northern Rock disaster in London was a case simply of appallingly inept regulation of a bunch of hyper-aggressive used car salesmen who moved into the home mortgage business.) Bear Stearns, while not without its reputation for sharp elbows is a major house with an important market position. Bear Stearns was more concentrated in the mortgage business than several of its competitors, but that may simply have led the tsunami now approaching the world’s financial system to reach Bear Stearns first.
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