This is getting to be a real problem. Since the fed has bailed out so many others, how can they not bailout Lehman? After Lehman who’s next? WAMU?
If the fed stops bailing out banks, just think what signal that will send! Basically, when Bernanke and crew started down this bailout path, they wrote a blank check, and unfortunately the amount of that check is still growing! What a mess they’ve created!