Medici

Bear Stearns: Why It's Safe to Bet Against Joe Lewis

No Chance of a White Night or Anything Above $2.00 a share. JPM will assume $6 Billion in losses from Bear, and if nyone else came in they will need to offset the Fed's $30 Billion. Who can do that? Better yet why would anyone do that...This reminds me of Iridium IRID when the company filed Bankruptcy and the stock went from $2 to $7 then to -0- Good luck buyers, I'll short it too you!