The Ultimate Bear Market

The uncouth bankers who brought down Bear Stearns make for an entertaining story. But the real responsibility for the crisis lies elsewhere.

by

You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!