Bear Stearns CEO in hot seat

Apr. 3 - Bear Stearns CEO Alan Schwartz was in the hot seat on Capitol Hill as lawmakers review rescue plan. In the days leading up to the fire sale of investment bank firm Bear Stearns, the company was the topic of rumors, speculation and fear that led the venerable Wall Street firm to the brink of ruin.

Bear Stearns CEO Alan Schwartz, testified about those uncertain days before the Senate Banking Committee.

Deborah Lutterbeck reports.

Speakers:
Bear Stearns CEO Alan Schwartz
Fed Chairman Ben Bernanke
New York Senator Charles Schumer

Category:

News & Politics

Tags:

• Reuters
• business_GF
• Bear
• Stearns
• Ben
• Bernanke

[prodigee411]

This man should be thrown in jail, he came on national television and lied to all the bear stearns shareholders.

[Jett430]

LOL, to bad they dont have the same attitude towards the common man when it comes to bailouts

[MostMagnificentOne]

@Eleetnessful "YOU'RE STILL A PIECE OF SHIT WHO SHOULD GET BEAT UP AND SMACKED UP"

Sorry to hear that you didn't graduate high school. You shouldn't have been sucking so hard on a d*ck. Try to learn to unlock your CAPS and I'll throw you a silver star sticker.

[Eleetnessful]

MIDGET bloomberg

I DON'T EVEN WANNA COUNT THE DAYS OF THIS 'dimon scheme' CONSEQUENCE BUT

ANOTHER DAY TOMORROW FULL OF NOTHING AND SADISTIC AND ILLEGAL MONITORING

MIDGET BLOOMBERG NEEDS TO CALL THE FBI AND CNBS AND GIVE THEM THE NEWS THAT HE SEES NO OTHER SOLUTION 2 THIS OTHER THAN THEM GETTING ARRESTED AND FACING CRIMINAL CHARGES IT'S THAT SIMPLE

ON A BASIC BASIC LEVEL, ILLEGALLY READING SOMEONE'S EMAILS AND MONITORING HIS PVT LIFE IS ILLEGAL

[Eleetnessful]

WHAT HIS 'dimon scheme' DID

AND I'M NOT SOME WEAKMINDED PERSON

WHEN YOU FUCKUP SOMEONE'S LIFE SO BAD -- AND IT'S NOT JUST HIM IT'S THESE FUCKUP TELEPROMPTER READERS WITH THEIR ENDLESS SADISTIC ILLEGAL MONITORING AND SHOWING UP 2 READ TELEPROMPTERS ALMOST SEIZURE-LIKE ANGER

WHEN YOU DO THAT SO BAD -- HIS COMPANY THAT THE VICTIM DOES NOT FEAR DEATH OR PERMANENT LOSS OF FREEDOM, YOU REALLY SHOULD STEP DOWN AS CEO IT'S NOT LIKE IT MATTERS HIS REPUTATION WILL BE ASSOCIATED WITH THIS

[Eleetnessful]

SCUMBAG jamie dimon SITTING ON A CHAIR READING MY REACTIONS THINKING IM BLOWING SMOKE (BTW WHILE HE STILL ALLOWS THIS DELAY)

THERE'S NO WAY THIS GUY --

THERE IS LITERALLY NO WORLDLY THING THAT'S GOING TO MAKE HIM IMMUNE FROM THIS IT IS HIS SCUMBAG SELF AND COMPANY THAT MADE THIS HAPPEN

NO KITTY GENEVESE COMPANY --> NO KITTY GENEVESE ILLEGAL PAPARAZZIS

I THINK HE THINKS THIS IS ALL JUST BLOWING SMOKE AND SOME MAGICAL OFFER IS GOING 2 MAKE THINGS GO AWAY

HE OBVIOUSLY DOESN'T EVEN GET .001% OF

[Eleetnessful]

EVEN IF MIDGET bloomberg DOES THE RIGHT THING AND THERE IS THE CRIMINAL MAIN GRAND EVENT, jamie dimon WILL BE IMPLICATED AND RIPPED ON SO LONG AS I'M ALIVE

I DIDN'T DO THIS 2 HIM; HE DID IT 2 HIMSELF. IF I RAN A 'dimon scheme' IT'S A MATTER OF TIME B4 IT COMES BACK 2 ME. IT'LL WORK FOR A WHILE; THE 'SWEEPING RUINING OF LIVES UNDER THE RUG' THING WILL WORK FOR A WHILE; BUT SOONER OR LATER IT'S GOING TO COME BACK IN A NASTY WAY

[Eleetnessful]

THIS SCUMBAG jamie dimon, EVER SINCE -- WHAT? 1.5+ YEAR AGO? STARTED READING MY REACTIONS ON A MONITOR PROBABLY THOUGHT I WAS OVERREACTING OR JUST BLOWING STEAM

WELL, HE'S IN FOR A RUDE AWAKENING. THE DIFFERENCE BETWEEN ME NOW AND 1.5 YEAR AGO IS I WANT (WANT) TO DO THIS. B4, 4 EXAMPLE, I FEARED THE AFTERMATH 1) PERMANENT LOSS OF FREEDOM OR DEATH 2) THE TELEPROMTPER READERS HAVING A FIELD DAY AND MAKING DOCUMENTARIES ON ME AND SHIT

I LITERALLY DO NOT CARE

THERE IS NO GOOD OUTCOME 4 jamie

[Eleetnessful]

THE #1 MOST UNETHICAL/ILLEGAL CEO, jamie dimon IS STILL A CEO

I DON'T FEEL LIKE TYPING OUT HIS ENTIRE RAP SHEET BUT WHAT I DO KNOW IS THAT NONE OF THESE COMPANIES ARE CONNOTED TO THE NAMES OF THEIR CEOS LIKE jamie's jpmorgan chase IS AND THEIR RAP SHEETS IS NOTHING COMPARED TO jamie's

jamie dimon WILL BE IMPLICATED IN THE MAIN GRAND EVENT THERE IS NO OFFER, NO $, NO NOTHING THAT'S GOING TO EXCULPATE HIM OR 2 FUCKUPS (MINIMUM) AT CNBS

MAIN GRAND EVENT = MANDATORY

[Eleetnessful]

@MostMagnificentOne REMEMBER. THERE'S A POLAR OPPOSITE DIFFERENCE BETWEEN A 'chase bank' AND A 'jpmorgan'

'chase bank': HS/GED/COMMUNITY COLLEGE/DROPOUTS/BIGGEST LOSERS YOU'VE SEEN IN SCHOOL BADGERING PEOPLE FOR PVCS AT A DEAD-END JOB. CHECKING ACCOUNT OPENERS

'jpmorgan' COLLEGE (AT LEAST TIER 2 ONES) INSTITUTIONAL ANALYST-TYPE WORK

BUT jpmc IS STILL A SCUMBAG jamie dimon COMPANY SO YOU'RE STILL A PIECE OF SHIT WHO SHOULD GET BEAT UP AND SMACKED UP 'chase' HS/GED ONES ARE FAR WORSE THOUGH

[Eleetnessful]

@MostMagnificentOne THE THREE WALL STREET CEOS/FORMER CEOS WHO SHOULD BE IN TRIAL AND THEN IN ORANGE JUMPSUITS:

THE BEAR STEARNS CEO WHO WAS PLAYING BRIDGE, DICK FULD, jamie dimon

ONE OF THEM IS STILL A CEO WHICH IS REALLY ASTONISHING. THE BS CEO COULD HAVE BEEN PLAYING BRIDGE WHILE HIS COMPANY WAS GOING UNDER, AND DICK FULD COULD HAVE BEEN DOING THE SAME, BUT I HAVEN'T HEARD ANYTHING REMOTELY CLOSE TO THE 4,000+ MILITARY/ROBOSIGNERS/SILVER MANIPULATION, SEC 2 CRIMINAL CHARGES (NO ARRESTS)