Monday, March 31, 2008
Sunday, March 16, 2008
$2 per share?
The deal values Bear Stearns at $236 million, or just $2 a share. The company's stock closed at $30 on Friday, down a staggering 47% for the day. ...
Shares of Bear Stearns (BSC, Fortune 500) opened last week at $69.75 and traded as high as $159 last year. ...
Guess who's picking up the tab? ...
The deal values Bear Stearns at $236 million, or just $2 a share. The company's stock closed at $30 on Friday, down a staggering 47% for the day. ...
Shares of Bear Stearns (BSC, Fortune 500) opened last week at $69.75 and traded as high as $159 last year. ...
Guess who's picking up the tab? ...
Another First, We're now Second:
The dollar's plunge has made the eurozone the world's biggest economy by one measure and has underscored shifts that are reorienting the 15-nation bloc towards Asia, Russia and oil-rich Gulf states, analysts say. ...
The dollar's plunge has made the eurozone the world's biggest economy by one measure and has underscored shifts that are reorienting the 15-nation bloc towards Asia, Russia and oil-rich Gulf states, analysts say. ...
Saturday, March 15, 2008
Welfare?
Now that the Fed has chopped interest rates (and will chop again, not that it's going to translate into lower rates for consumers) and they pumped $200 billion into Wall Street, I'd like to know where exactly the so-called free market/industry self-regulate people are. Where are they? They're all at the front of the bloody line calling for more handouts. When Democrats ask for money for SCHIP or food money for the poor or unemployment extensions, all we hear is about cost. What is the matter with Democrats? Is it so hard to scream and yell like the GOP? Why are they so silent on this bailout? Even the homeowner bailout is a pittance compared to the Wall Street bailout. ...
Now that the Fed has chopped interest rates (and will chop again, not that it's going to translate into lower rates for consumers) and they pumped $200 billion into Wall Street, I'd like to know where exactly the so-called free market/industry self-regulate people are. Where are they? They're all at the front of the bloody line calling for more handouts. When Democrats ask for money for SCHIP or food money for the poor or unemployment extensions, all we hear is about cost. What is the matter with Democrats? Is it so hard to scream and yell like the GOP? Why are they so silent on this bailout? Even the homeowner bailout is a pittance compared to the Wall Street bailout. ...