March 17, 2008
| Douchebags |
Bear Stearns is worth less than your sister's white-trash husband
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.

Filed under: Bear Stearns, JP Morgan, Federal Reserve, Economy, Investment Bankers, Economic Crash








