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How do you go from $130/share last year to a "fire sale" to JPMorganChase at $2/share?

Well, here's a quick run down on the timeline of events that led to this disaster.

I am running out to pick up the kids, but will be back with more. I just twitted that I feel the stock market is like a really bad telenovela. So now I feel compelled to blog why. Gotta go pick up the kids first.

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Submitted by liza on 17 March 2008 - 3:19pm.
Banking | Economics | Finance | Hedge Fund | Markets | Stock Market | Bear Stearns (BSC) | JPMorganChase (JPM)

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