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Tuesday, March 18, 2008

WSJ: "The past six days have shaken American capitalism."

A little bit of an exaggeration? True, the capitalists at Bear are ... big "C" apitalists, but ...

Anyway, WSJ does a whole A-1 story, with seventeen journalists and a fly on the wall.

Did you find out precisely why Bear Stearns lost money and/or confidence?

I didn't either.

Ho-hum.