March 17, 2008
Douchebags

Bear Stearns is worth less than your sister's white-trash husband

Pwned.

JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at $158.39. For further analysis, play with Bloomberg's interactive chart . For even further analysis, see 23/6's chart of the thoughts of a Bear Stearns hedge fund manager as BSC's stock price slid last week from kind of expensive to very affordable.

Posted by: Laurie Kilmartin      I’m a fan of Laurie Kilmartin
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