Just can’t Bear it
Bloody Monday….we’d love nothing more than to see some folks hung up by their toenails for the financial irresponsibility that put this nation in a financial crisis.
JPMorgan Chase & Co. said Sunday that it would acquire troubled Wall Street firm Bear Stearns for a mere fraction of what it was once worth amid deepening fears about further erosion of the world’s financial markets.
The rock-bottom price left investors feeling queasy. Asian markets tumbled, with Japan’s benchmark Nikkei index finishing Monday’s session nearly 4% lower. U.S. stock futures plunged, indicating a miserable start for Wall Street. (CNN)



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