Off Topic: Bear Stearns Bailout — It's the Prime Brokerage, Stupid

By Mar. 17, 2008, 3:13pm PT 32 Comments

By now you all must be up on the news about Bear Stearns being sold for $2 a share to J.P. Morgan Chase. That’s roughly $236 million for an 85-year-old investment bank that was worth $20 billion only a few weeks ago. If you read the… Read More »