Obituary
March 18th, 2008
The life of Bear Stearns was prematurely taken this week when the US economy realized the effects of the diabolical schemes this loan Bank and its furiously hell-bent ilk planned and perpetrated on the lower and middle classes for almost 100 years, cooperating with the deceitfully obtuse Federal Reserve. When Bear Stearns’s value crashed, losing millions to the devaluation of the dollar, it was picked apart and cannibalized by the Fed for two dollars a share, only to be remembered as an example of rich soulless bastards getting their just deserts.
During the early years, Bear Stearns earned a nice niche for itself as a banking franchise while specializing in loans, securities, and corporate/individual credit. During the years, the company saw many successes, including the dehumanization of Americans who were stretched just a little too thin and could not pay their bills. Bear Stearns was there to assist them in their times of need by raising interest rates and keeping financial freedom far from the reach of those in the lower and middle classes.
When success was obvious, Bear Stearns never squinted as they made poor loan holders squirm. The long arm of Bear Stearns was intimately involved in the destruction and collapse of many dreams. Bear Stearns, like many investment banks, has had a diversity of clients but never failed to fuse them with the unifying factor of indentured servitude while at the same time witling away the US Economy.
Bear Stearns, R.I.P.
March 18th, 2008
The life of Bear Stearns was prematurely taken this week when the US economy realized the effects of the diabolical schemes this loan Bank and its furiously hell-bent ilk planned and perpetrated on the lower and middle classes for almost 100 years, cooperating with the deceitfully obtuse Federal Reserve. When Bear Stearns’s value crashed, losing millions to the devaluation of the dollar, it was picked apart and cannibalized by the Fed for two dollars a share, only to be remembered as an example of rich soulless bastards getting their just deserts.
During the early years, Bear Stearns earned a nice niche for itself as a banking franchise while specializing in loans, securities, and corporate/individual credit. During the years, the company saw many successes, including the dehumanization of Americans who were stretched just a little too thin and could not pay their bills. Bear Stearns was there to assist them in their times of need by raising interest rates and keeping financial freedom far from the reach of those in the lower and middle classes.
When success was obvious, Bear Stearns never squinted as they made poor loan holders squirm. The long arm of Bear Stearns was intimately involved in the destruction and collapse of many dreams. Bear Stearns, like many investment banks, has had a diversity of clients but never failed to fuse them with the unifying factor of indentured servitude while at the same time witling away the US Economy.
Bear Stearns, R.I.P.
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