Bear Stearns and the $2 bill

[Joelle]

Bear Stearns and the $2 bill
      


Around 6.30 a.m. on Monday a group of young Bear Stearns employees gathered around a side entrance of their Manhattan headquarters, laughing. They were looking at a $2-dollar bill taped above the Bear Stearns logo — some gallows humor on the bargain-basement price per share that JPMorgan agreed to pay for the troubled investment bank.
“That’s [...]
         

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