SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: valueminded who wrote (30390)3/20/2008 7:42:26 AM
From: Madharry  Read Replies (1) of 78652
 
I dont think that the feds save Bear Stearns they may have saved the financial system. Bear Stearns has trillions of dollars of counterparty risk. No one wants to fathom the implications of a bankruptcy scenario for all that risk. More information is coming out now about the deal and the speculation is that its possible that bondholders have been buying BSC stock to make sure that the merger is approved as they come out whole under the merger agreement. The employees and shareholders are the ones who get shafted, which brings me to the curious issue of who votes shares held in a 401k plan or employer trust in these circumstances? im told employees own 30% of the stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext