The Human Cost

"...,Bear Stearns was no more saved than was Lehman, but rather a sacrificial offering from the Fed to the ghost of the chairman of the meeting at Jekyll Island in 1913. And while neither Bear Stearns nor Lehman Brothers conducts business anymore JP Morgan’s investment in the Creature from Jekyll Island is still paying dividends to that bank. But the those profits paid by people come at a cost, a human cost, and cannot be measured by the usual calculations and metrics of finance."