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What Crisis After Bear Stearns?
What Crisis After Bear Stearns?
After 85 years of being one of the leading financial institutions on Wall Street the Bear is dead.
Well, perhaps not completely, not yet. But to the employees of Bear Sterns who watched in horror as the stock fell from a high of over $160 a share last year to all of a $2 a share buyout price by JP Morgan death must seem like a reality.
The big question is what now and who may be next?
There are those who believe that the failure of a major firm like Bear Stearns may signal the low point of this down cycle. Others believe that with the huge uncertainly of toxic debt instruments in the trillions of dollars over hanging the market that the worse by far is yet to come.
19Mar2008 | taipan | 0 comments | Continued
Hello Eugene,
Thank you for your comments. Good to see that you will keep a close eye on the crisis ...
A most interesting post Taipan, and believable, in spite of it's depressing nature. Smart people stay informed and accept the ...
Barack John
Left and rights of passage
Black and whites of youth
Who can face the knowledge
that the truth is not the truth?
Obsolete ...
Hi Taipan- I just found your blog. I think your thoughts are right on the mark. It's not ...
Quite right,too.
When confronted by such experts I immediately ask why, if they're so clever, they're working ...
This is nice blog that is related to Stock Market Investing Courses that Investing in stocks is a more risky ...
