Comments on: SEC’s Bear Stearns Probe Zeroes In on ‘Put’ Trades

By: Roland Hesz

Roland Hesz — Thu, 20 Mar 2008 11:14:46 +0000

Well, now there is a chance that it will stand up. We don’t know how serious it is, but I have seen completely healthy banks brought down by panic. It went bankrupt. And guess what: the people who kept their money there lost it all. To the last penny.

By: John Sinteur

John Sinteur — Thu, 20 Mar 2008 11:00:34 +0000

Only the shareholders. The rest, including the funds they maintained and the buildings they owned, would have been bought for pennies on the dollar by other banks. The assets would at least have brought in way more than $2 a share – after all, their building in NYC alone is worth about 5 times what was paid for the company right now. All the portfolio’s they maintained would have been bought as well, at a deep discount. The only difference I can see is that right now, the executives get to keep their bonus.

By: Roland Hesz

Roland Hesz — Thu, 20 Mar 2008 10:56:37 +0000

If bankrupted, all the investors, small and large, but mostly the small ones would have lost all their money. Maybe, maybe we should not always opt for “hey, sorry Aunt Mary,I know it was all your money, but we decided to bankrupt the institution. “