25 March 2008

So, the Plot Sickens with the Bear Bailout/Buyout

Well, we have the WaPo reporting on the increased share price, and calling it "a good deal" since the stock was selling for $70 two weeks ago.

Then again, you have a noted stock analyst saying that the true cost, which includes all the debts owed, will be close to $65/share, and you have Market Watch reporter Greg Robb calling the Fed and JP Morgan's actions putting lipstick on a pig.

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