Hold your horses people. The G’ment will make money on the Bear Stearns deal, and, if they do the same type of thing here, they’ll most likely make money on this deal too. Way too much jumping of the ‘bailout with taxpayer money’ gun here. Not a dime of taxpayer money was actually spent, nor was a single shareholder bailed out (ie, prevented from loosing their shirt). I’d get the hard facts first before yelling ‘taxpayer getting soaked for fat cats’ and ‘corporate socialism’.
Not the point. The point is this: does gubmint involvement signal a crisis of the type private companies cannot work out for themselves?