Monday, 17 March 2008

Big Bear

Do you know about Bear Stearns? If not look at:

http://news.bbc.co.uk/1/hi/business/7299938.stm

Once you do know about it have a look at:

http://www.economist.com/blogs/freeexchange/2008/03/bearly_afloat.cfm
Importantly, look at the comments below.

The Ethics!

Should governments help out failing companies? Why?
Is this a form of nationalisation and socialism? What does that mean? Do you agree with it?