Comments on: The latest on Bear Stearns … http://cartmanist.wordpress.com/2008/03/15/the-latest-on-bear-stearns/ Thu, 28 Aug 2008 19:09:09 +0000 http://wordpress.org/?v=MU hourly 1 By: someguy http://cartmanist.wordpress.com/2008/03/15/the-latest-on-bear-stearns/#comment-707 someguy Sat, 15 Mar 2008 03:05:06 +0000 http://cartmanist.wordpress.com/?p=409#comment-707 Frankly, I hope Bear goes bust. As sad as it may be for some, there are trillions of bad assets out there, and the market will not be in a position to recover (fully) until they have all been written off. To use a metaphor, these large lumbering financial dinosaurs are unsuited for the current environment, and should be allowed to die off so that other "fitter" financial creatures (e.g. those who were not so stupid) can take their place. The market is a Darwinian place. If Bear is unfit to survive it should die. Frankly, I hope Bear goes bust. As sad as it may be for some, there are trillions of bad assets out there, and the market will not be in a position to recover (fully) until they have all been written off.

To use a metaphor, these large lumbering financial dinosaurs are unsuited for the current environment, and should be allowed to die off so that other “fitter” financial creatures (e.g. those who were not so stupid) can take their place.

The market is a Darwinian place. If Bear is unfit to survive it should die.

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