Categorized | Culture, Economy

They Forgot One Thing

Today, of course America woke up to news that JP Morgan Chase has bought out Bear Stearns for $2 a share. (It was trading over a hair over $160 a share last month, $30 on Friday and, as of 11:05 AM is actually trading above $4.) What I find slightly amusing is that Bear’s own web page doesn’t acknowledge any of this but, instead, touts it’s awards from Energy Risk and The Financial Times.

 
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OpenMarket.org is the blog of the Competitive Enterprise Institute. We believe that people improve their lives not through government regulation, but by making their own choices in a free marketplace.

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