Hartcourt Companies (fka HRCT)

[Investorman]

It looks like it. I don't see how they can lose. The taxpayer is the one on the hook.

After days of denials that it had liquidity problems, Bear was forced into a JPMorgan-led, government-backed bailout on Friday. The arrangement, the first of its kind since the 1930s, resulted in Bear getting a 28-day loan from JPMorgan with the government's guarantee that JPMorgan would not suffer any losses on the deal.