Who Orchestrated the Fall of Bear Stearns?
This is one scandal the National Enquirer has not reported. No babies with mystery fathers, no former vice presidential candidates cowering in a hotel basement to escape the paparazzi. This scandal, relegated to the business pages if covered at all, is un-juicy compared to l’affaire Edwards, with a wife betrayed, children humiliated, hypocrisy exposed — it is a small wonder, after the ethical hemming and hawing, that the big-time publishers and broadcasters jumped in to take part in the fun. Yet, entertainment value aside, the Edwards scandal directly affected almost nobody but the Edwards family and a few disillusioned followers. The Bear Stearns conspiracy scandal affected and continues to affect tens of thousands of people in all sorts of ways. As the story lacked prurient interest, it was left to Bloomberg.com to unearth persuasive information that the Wall Street firm was seemingly brought down by a conspiracy that netted its participants a profit of upwards of $250 million on an
