Question by Alan G: Is the billion that the government gave Bear Stearns as part of its bail-out really a “loan”?
Seeing how Bear Stearns offered up $ 30 billion of its worst investments as collateral for this loan, does Bear Stearns really intend to pay it off? Or is there an understanding with government that Bear Stearns will default on that loan and leave the government holding junk when it forecloses on their worthless collateral? Isn’t this really a handout disguised as a loan?

Best answer:

Answer by scottie
no it’s the tax payers money gone down the drain again to help bush wall street buddies

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