Bear Stearns Bombshell: Top Brass Misplayed an Overleveraged Hand, Says WSJ

"In part one of a planned three-part series, The Wall Street Journal goes into painstaking detail today about the "final days" of Bear Stearns. The story reveals indecision among Bear's top management about the solution to their mortgage-related problems and repeated failures to raise capital when opportunities presented themselves." This is cover, the takedown of Bear Stearns was by criminal done by insiders not incompetent.