Contrary to Bear Claims, Treasury Department Emails Hint at Liquidity Crisis

Upcoming:  Over the course of the next few weeks, WSLB will analyze heavily redacted internal email exchanges and other documents recently released by the Treasury Department pursuant to the Freedom of Information Act.  The documents are from the time period that preceded the collapse of Bear Stearns.

Our first substantive post (coming soon) will address the Capital v. Liquidity and Insolvency issues that Bear Stearns faced during the its final week as an independent company.