You think we were laughing at THAT? Oh, no. We were laughing at you. After all, your post implied that Calpers owned more Bear Stearns stock than existed in the world. In fact, your post implied that Calpers owned all of Bear Stearns and that the California pension fund was over twice as large as it really is.
As I pointed out, Calpers didn't feel a thing when BSC went poof. It's ownership was less that .2% of the fund. LOL.
Um, no. I posted figures from a Commissions Report that showed that they had invested in Bear Stearns....and had paid them commissions. My post raised the specter that Calpers, and therefore, the retirement accounts of a great many people, just within the California Retirement system, had been negatively effected by the collapse of Bear Stearns. The figures proved that they had, indeed, invested in Bear Stearns. That you wished to later state that I claimed they lost a specific amount is of your own doing and occurred during your own hysterics; and I allowed you to act hysterical....because...it's "all so funny" that so many people lost a great deal of money.
The most important thing, after all, is that the Bear Stearns CEO got over $100 million out between last year and just after the collapse. That is what's most important...oh....that and curiosity as to how much *I* had invested with Bear Stearns....because it's all about "me".