Archive for March, 2008
White collar bandits from JPMorgan Chase staged a broad daylight heist at Bear Stearns. They got away with an estimated $33 billion dollar portfolio (only $2 Billion is exposed to sub-prime, rest $31 billion Prime/ Alt-A/ commercial safe investments) and dropping a measly $236 million for it in the tip jar, on their way out. Just the Bear […]
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