March 19, 2008

Fizzly Bear

From The Swamp at the Baltimore Sun:
President Bush said some very nice things about the Federal Reserve’s rescue, once removed, of Bear Stearns, the wobbly investment bank.
“… We’ve taken strong and decisive action,” Bush said. “The Federal Reserve has moved quickly to bring order to financial markets. Secretary (Henry) Paulson is supportive of that action, [...]