I don’t really think this was as much of a bailout as you might think. They fascilitated a merger and at the same time made sure the markets had something to rely on. Bear Sterns shareholders were only paid $2.00 per share...effectively JPMorgan Chase got them for nothing. Where’s the bailout in that other than to make sure money market funds didn’t have to break the buck by losing on faile Bear repos. JPM Chase now makes good on those obligations and all Bear shareholders lose everything.
I don’t because the Fed is funded by you and me im sick of paying everyones way f them
The bailout is in the rates. In 1998 for example, the LTCM bailout was relatively minor, a couple billion, but the rates were lowered by 0.75 which reignited the Nasdaq bubble and made the 2000 pop much worse. The other direct effect of 1998 was that was when the subprime mortgage security market was rescued (as it was about to die).
Next you will be called a corporate racist for asking a question. PC in the "21st Century Dark Ages".