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World Hunger and Poverty Blog

…about world hunger, poverty and the common human struggle… because we're #InItTogether

Category Archives: Recession

The Recession and the Collapse of Bear Stearns

The fifth largest US investment bank and securities trading and brokerage firm, Bear Stearns, recently collapsed. And the United States government used a bail out to have JP Morgan buy Bear Stearns. This has some people saying that America has been conned with a huge Ponzi securitization scam; the bubble has burst and it looks […]

Posted byScott HughesMarch 20, 2008March 20, 2008Posted inRecession

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