Bear Stearns Employees Posted March 18th, 2008 by JohnGalt300
They got screwed. A third of the company's stock was held by employees. When they were sold for two dollars a share, their savings were wiped out. Many of those employees are now getting the sack. I heard on the news today they are drafting a class action lawsuit against senior management. I believe JP Morgan is being named as a co-defendant.
In defense of fractional-reserve banking | Ron Paul Wins ... 24 Oct 2008 ... It should be obvious that short-selling plays a role in the markets ... Short selling has been illegal for about half of those years. ... http://www.dailypaul.com/node/70209
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