All Posts Tagged With: "$2 a share"

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Bear Stearns’ Shareholders Sell Out for $2 a Share

Last week, Bear Stearns’ shareholders were separated from a lot of money; in a panic, they agreed to sell out for $2 a share. We wondered how these accountants, lawyers and market-savvy traders could have been so wrong about what they had. When the market closed on Friday they still had billions…

March 26th, 2008 | Bill Bonner | 1 comment | Continued
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