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March 21, 2008
Further Thoughts on Bear Stearns at Ebay
Some of these Bear Stearns items at Ebay are turning into hot commodities. Too bad Bear execs didn't think of declaring bankruptcy and descending into memorabilia sales before JPMorgan showed up. They could have raised $235-million -- JPM's purchase price -- by selling a mere 4,700,000 t-shirts.
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