Comments on: Bear Stearns Died Today. Is Lehman Next? http://wealthfly.com/blog/2008/03/16/bear-stearns-died-today/ A blog for investment advisors, brokers and financial planners. Thu, 08 Jan 2009 20:50:41 +0000 http://wordpress.org/?v=2.3.3 By: Damon http://wealthfly.com/blog/2008/03/16/bear-stearns-died-today/#comment-1609 Damon Mon, 17 Mar 2008 16:15:24 +0000 http://wealthfly.com/blog/2008/03/16/bear-stearns-died-today/#comment-1609 This is crazy. Look at some of the top fundholders in this. Names like Legg Mason Value Trust, Vanguard Windsor, etc. No one saw this come coming. The thing that baffles me right now is that the stock is trading around $4/share. Double the buyout offer?? Apparently the market thinks it's worth more than the pittance that JP Morgan is offering. I'd dare to say that the Bear Stearn's execs bonuses in December were probably more than they just liquidated the company for.... It's an amazing loss of wealth. This is crazy. Look at some of the top fundholders in this. Names like Legg Mason Value Trust, Vanguard Windsor, etc. No one saw this come coming.

The thing that baffles me right now is that the stock is trading around $4/share. Double the buyout offer?? Apparently the market thinks it’s worth more than the pittance that JP Morgan is offering. I’d dare to say that the Bear Stearn’s execs bonuses in December were probably more than they just liquidated the company for…. It’s an amazing loss of wealth.

]]>