Applied Entrepreneurship & Technology
JP Morgan and the Feds bailed out Bear Stearns over the weekend. But is this really a bailout? Looking at the early morning trading figures of the company stock, I can well imagine the plight of the shareholders. This sub-prime mess and all the collusion of BS that’s been created by the financial industry is now harming those who invested in a secure future with a once well respected company. I suspect that the repercussions of the financial instability in the US have yet to truly unravel and there is going to be a deep distrust of the financial sector for a long time to come.

Link Angel is an online commentary on a bunch of topics that can broadly be classified into Entrepreneurship, Technology, Sustainable Strategies, Design and Current Affairs. Link Angel came alive on January 01, 2008 and is run by Ranjan Chari.
Leave a reply