Quaker

Is It Time to Buy Bear Stearns?

Common sense might tell you that they just made a "loan" to a hedge fund. That "loan" can only be for one reason. To help with redemptions. So the million dollar question is, "what future value does that loan have?"

It would stand to reason that if the assets in the hedge fund had any value, they wouldn't need a bailout. This is $7 a share!

Were that not enough, they have $141 billion is short term debt and rates are rising.

I think I'll remain a bear on bear.