The Answer: 28:1
What is the question?
a. The odds of the UT Men's basketball team winning the national championship.
b. the likelihood of east Tennessee lake levels returning to normal this year.
c. Bear Stearns debt to income ratio.
the answer after the flip.
Just heard on NPR that Bear Stearns only had 3% equity on hand, with a 28:1 debt to income ratio. Now I'm not an economist, but I sure hope someone asks Senators Alexander and Corker how the hell that happened.