Posted
9:37 AM
by Gene
Anyone here remember Bear Stearns? How it submitted to a fire sale for $2 a share (later raised to $10) to Mr. MorganChase?
The du Ponts' bank in Wilmington just laid a similar gold-plated egg. I know, I know, the Wall Street Casino-led economy's going gangbusters, so why does it often not seem that way?