"At Friday's close, Bear Stearns's stock-market value was about $3.54 billion."
(
Link)
Now that's a steal. It's good to see the true value coming out. With the size of the derivative market this should send a few more shock waves
through the world economy.
Using Bear as a benchmark....
$3,540,000,000 to
$236,200,000
That's about 15 to 1. That's not going to be pretty.
biz.yahoo.com
(visit the link for the full news article)
