The sky is falling

Published
by
David Parmet
on 3/17/2008
in Profound Thoughts
. Comments

JP Morgan spent less to acquire Bear Sterns than the New York Yankees did to secure Alex Rodriguez.

Kind of puts things in perspective, don’t it?

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  • Sure, but Rodriguez doesn't have a $5billion VISA bill.
  • I wonder how much Chase would have paid if Scott Boras was the Bear Sterns agent?
  • Amen, sir. When I saw the total, I said to myself, "You mean Bear Stearns cost less than it would take to buy the PIRATES?!"

    To recap the best-guess version of what we know now:
    --Jamie Dimon: smart.
    --Jimmy Cayne: clownish.
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