[GovernmentShrinker]

There are pieces of Bear that Morgan can use. Don’t know if they’re worth $2 billion, tho.

The Bear headquarters alone is probably worth at least half of that, once the real estate markets normalize again. Prime brokerage might be worth the other BN.

[spyone]

There are 118 million Bear Stearns shares outstanding...so the company is being valued at $236 million.

[Dog Gone]

$2 billion isn’t squat.

The company I worked for eight years ago was purchased for $6 billion and it barely made the news.

Of course, we didn’t have a Wall Street address.