bear stearns


Value investor Joseph Lewis, who holds about 8.35% of Bear, is now clamoring for a better deal. Not surprising, as it’s hard to watch that big a chunk of change dwindle to nothing.

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Whenever rates on junk approach parity with rates on Treasuries - Alan Schwartz will be there!

Blatantly lifted, but too (or should I say TWO) funny not to share:

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It’s a running joke on WSJ’s blog (and everywhere else) that Bear’s Jimmy Cayne can often be caught playing bridge while Rome burns, though word had it that he was around on Sunday night when shiz was going down. The Chairman spent most of the week, however, competing in the Imp Pairs bridge tourney. Nice of him to show up when it was over.

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Bear Stearns employees who invested heavily in their own stock may want to peruse this logo for a moment:

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JPM assuredly sees the resemblance.

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