you trusted this guy?

Posted by crayz

LOL:

Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? --Peter

Cramer says: "No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear."

That was 6 days ago, when the stock was trading at $68

so, how fucked are we?

Posted by crayz

Bear Stearns, which survived the Great Depression, is now valued at about 1.5% of Facebook

ho lee shit. If you have an umbrella that protects against falling sky, now's the time to open it

how to wreck an economy

Posted by crayz

as illustrated by stick figures