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Jim Cramer: “Bear Stearns is FINE!”

Tuesday, March 18th, 2008
Posted in Advice by Joel Gross

Last week, everyone’s favorite television market analys said Bear Stearns was absolutely fine. A couple of days later, the company was sold in a fire sale set up by the Feds for $2 a share. What happened? The little guy got screwed again while the big bankers made out like bandits.