polishd's Channel

New York, New York, United States

Joined: Jan, 2008

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Since I can not say it any better I'm linking you to Paul Krugman's post: Greenspan lectures us...

22 weeks ago.
All we can do is pray.

22 weeks ago.
From 20B to 250M in a month, sad.

Just read that
employees owned 30% of the company.

22 weeks ago.
Who knows ? I thought it was good news until I saw Bear Stearns sells for 2$.

22 weeks ago.
ACE PRESTON, I like this story. It's good stuff.

22 weeks ago.

Who said there is no free lunch in Wall Street ?

" Most banks are trading lower with the notable exception of JPMorgan. Current increase in market cap after the Bear deal: around $11 billion I will add that this number happens to be very close to Bear Stearns book value."It is actually more like 13B by the end of the...