[Zhelgadis]

Originalmente inviato da Methos

Q: Why can't the Fed just let Bear Stearns collapse?

A: Typically the Federal Reserve bails out struggling commercial banks, but because Bear Stearns is inextricably linked to a huge number of institutions, a failure could cause "a ripple effect," said Ali Samad-Khan, head of operational risk management consulting for the Enterprise Risk Management practice at Towers Perrin.

"They probably fall into the too-big-to-fail category," he said. "The fact is, they recognized that this is an important enough issue for them to get involved in."

Bear Stearns is interconnected with other banks, hedge funds and investors that are its "counterparties." Essentially, if Bear can't meet obligations to these counterparties, those counterparties will lose their money.

AP Business Writer Leslie Wines contributed to this report.

Insomma, pure loro pensano che se fallisce qualcuno grosso, andiamo tutti a carte quarantotto e salta per aria il castello