Grand theft: Bear Stearns by the US Government--no baseball tickets for you
Where is money going that might otherwise be used to buy tickets to a baseball game?
- Andrew Ross Sorkin, NY Times: "Somehow, in the space of about 100 hours, the value of a share of Bear Stearns, one of the nation’s most storied investment banks, skidded from about $67 to a bargain-basement $2....
- For Bear, the final nail in the coffin came not from Wall Street, but from the government....
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