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So, next time someone offers me $2 for something soon to be worthless, I’ll cry and moan and argue for $10 instead.

That seems to me to sum up the complaints coming from Bear Stearns shareholders. I suppose it wouldn’t really matter, except that the Federal Reserve is underwriting the deal to the tune of $29 billion. So much for the free market and the concept of risk.  In today’s world, all the risk is being shafted shifted to the individual, away from corporations. Get used to it.

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