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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (30366)3/20/2008 6:18:59 AM
From: valueminded  Read Replies (1) of 78652
 
MadHarry:

I suspect the building value is overwhelmed by the toxic mortgage writeoffs they are going to take in relation to the leverage in the mortage market. (just my opinion)

I think Bear Stearns is bellyup. The only thing that saved them was the FED willing to guarantee the bad stuff. Without that guarantee, Morgan Stanley would not have stepped in and Bear Stearns would be filing Bankruptcy.

All this my opinion. I just can't stand when taxpayers end up on the hook for Wall Street Largess.
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