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To: HamiltonJay
Nice payday? Bear employees own about a third of the stock, which was cut in half in one day.

It doesn't help anybody to grind entire businesses in the dirt in a misplaced moralism. You won't be a dime richer as a result, the country as a whole will just be poorer. It is completely stupid to wish ruin on your neighbors just out of spite.

56 posted on 03/16/2008 9:05:23 AM PDT by JasonC
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To: JasonC

The only thing that ground their business into the dirt was their own greed and ineptitude.. and its not the responsibility of the tax payers to bail them out.

The country as a whole will not be any poorer because some mismanaged greedy lender overextended and went belly up.

They overleveraged and its come home to roost and it should take the bastards who did it with them, not force the rest of us to pay for their incompentence. Let them go by the wayside like every other mismanaged company before them. Just because they are a “bank” doesn’t mean they get some special pass and a bailout when they screw up.


57 posted on 03/16/2008 4:39:04 PM PDT by HamiltonJay
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